You are negotiating a sports contract for your client. The client's opportunity cost (interest rate) is 9%. He has been offered two possible 4 year contracts. Payments are guaranteed and will be made at the end of each year. The terms of each contract are as follows: Which contract will you choose? Contract # Year 1 Year 2 Year 3 Year 4 Contract 1 4,500,000 4,500,000 4,500,000 4,500,000 Contract 2 o 0 0 22,000,000 Contract 1 O Contract 2