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The Springfield Crusaders just signed their quarterback to a 10 year $50 million contract. Is this contract really worth $50 million? (assume r >0) Yes,
The Springfield Crusaders just signed their quarterback to a 10 year $50 million contract. Is this contract really worth $50 million? (assume r >0)
Yes, because the payments over time add up to $50 million. |
No, it is worth more because he can invest the money. |
No, it would only be worth $50 million if it were all paid out today. |
Yes, because his agent told him so. |
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