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you are the agent of Mr. Jared and negotiating a six year contract today. The detroit Lions make the following offers (a) 25 million at
you are the agent of Mr. Jared and negotiating a six year contract today. The detroit Lions make the following offers (a) 25 million at the beginning of each year for the next 6 yrs. (c) signing bonus of 15 million today 24 million for year 1 and 2, 0 in at 3% per year until legr. Fund present value of each of these four offers. which offer would you recommend that Mr. Jared accept if interest rate 8.50%?
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