You have been hired as a financial advisor to Michael Jordan. 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 $10m offer for $2m a year for 5 years. Offer B is a $11m offer of $1m a year for four years and $7m in year 5. What is your advice? (Hint: compare the present value of each contract by assuming a range of interest rate, say 8% - 14%)