Question: Compare the value of two athlete s compensation contracts Do not

Compare the value of two athlete's compensation contracts. (Do not consider any information not provided by the problem, e.g., compensation they might receive after these contracts expire.) The first athlete gets $2 million a year for 12 years. The second athlete gets $2.75 million a year for 6 years. Assume all payments are made at the end of the year, and the first payment comes one period from today.

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  • CreatedAugust 07, 2015
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