You have just entered into the NBA draft. As draft day gets closer, you believe that you can receive a contract that calls for a signing bonus of $$5,500,000$ and a $3$ year contract for $$5,500,000$ a year. Your coach believes if you stay at college one more year you could probably get a contract that called for a signing bonus of $$7,000,000$ million and a $2$ year contract for $$6,500,000$ a year. Given either decision, your prospects beyond the next $3$ years should be the same. Should you go pro? $($assume you can earn $15\%$

on your money$)$

Go Pro next year, PV is $$18,057,738$

Don't go pro

Go Pro next year, PV is $$15,275,746$

Go Pro this year, PV is $$18,057,738$

Go Pro this year, PV is $$15,275,746$