Question
You are the star of a blockbuster movie. You can get paid $5,000,000 today or you can get 10.00% of the gross ticket sales for
You are the star of a blockbuster movie. You can get paid $5,000,000 today or you can get 10.00% of the gross ticket sales for the next 10 years. You expect ticket sales to be $10,000,000 per year for the next 10 years, starting next year. If your investments earn 4% APR compounded annually, how much do you gain in PV terms by taking a percentage of gross?
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
