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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. Find present value of each of these four offers. 



What would you recommend that Mr. Jared accept if interest rate 8.50%?

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