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The four actors below have just signed a contract to star in a dramatic movie about relationships among hospital doctors. Each person signs Independent contracts
The four actors below have just signed a contract to star in a dramatic movie about relationships among hospital doctors. Each person signs Independent contracts with the following terms: Contract Terma Contract Payment Derek Isabel Meredith George Amount Date $560,000 2 years 600,000 3 years 460,000 460,000 Today 1 year Required: 1-a. Assuming an annual discount rate of 10%, calculate the present value of the contract amount. (EV of $1, PV of $1, EVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Present Value Derek Isabel Meredith George
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