Question: An NBA player is to receive a $1,000,000 signing bonus today and $2,000,000 one year, two years, and three years from now. Assuming r =
An NBA player is to receive a $1,000,000 signing bonus today and $2,000,000 one year, two years, and three years from now. Assuming r = 0.10 and ignoring tax considerations, would he be better off receiving $6,000,000 today?
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