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You are negotiating the contract buyout of a professional basketball coach. The annual contract is for $2,500,000 and there are four years remaining. It is

You are negotiating the contract buyout of a professional basketball coach. The annual contract is for $2,500,000 and there are four years remaining. It is anticipated the coach can earn 6% annually on his investments. How much is this contract worth in present dollars given these assumptions? Write excel formula

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