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The Grand View Vikings just signed their quarterback to a $ 6 0 million contract to be paid over 1 2 years. Is this contract

The Grand View Vikings just signed their quarterback to a $60 million contract to be paid over 12 years. Is this contract really worth $60 million? (assume r >0)
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Yes, because the payments over time add up to $60 million.
No, it is worth more because he can invest the money.
No, it would only be worth $60 million if it were all paid out today.
Yes, because his agent told him so.

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