What are two advantages and two disadvantages of forming a C Corporation for a sports business? ( One point for each answer) Assume that two athletes sign 5-year contract that pay out a total of $50 million over the life of the contracts. One contract will pay the $50 million in $10 million increments, but the other contract will pay the $50 million at the beginning of the contract (in year one). Which athlete received the better deal? If you borrowed $100 at 5% interest compounded annually, you would owe $105 after the first year. How much would you owe at the end of the second year if you made no payment at the end of the first year? What is collateral used for when getting financing? Calculate the present value of $10,000 in 9 years at 4% interest rate? The present value factor from the table is 0.7026 Calculate the future value in 6 years of $1,000 at 7% interest rate? The factor from the future value table is 1.5007 What is collateral used for when getting financing?