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Today a running back signed a 5 year contract. The contract called for $ 7 . 0 million immediately and a salary of $ 3
Today a running back signed a year contract. The contract called for $ million immediately and a salary of $ million in year, $ million in years, $ million in years, $ million in years and, and $ million in years. If the appropriate interest rate is what is the worth of this deal to the player? Assume all payments other than the first $ million are paid at the end of the year. Put answer in million $ Eg $ million as
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