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You have been hired as a financial advisor to Chris Bosh. He has received two offers for playing professional basketball and wants to select the
You have been hired as a financial advisor to Chris Bosh. He has received two offers for playing professional basketball and wants to select the best offer, based on considerations of money only. "Offer A" is a $10 million offer for 2 million a year for 5 years. "Offer B" is a $11 million offer of $1 million a year for 4 years and $7 million in year 5.
Assuming that the interest rate can vary between 10% - 14%, what would be your advice?
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