Question: 1 7 ) A famous quarterback just signed a $ 3 0 MM contract providing $ 6 MM per year for 5 years. A less

17)A famous quarterback just signed a $30 MM contract providing $6 MM per year for 5 years. A less famous receiver signed a $24 MM,5-year contract providing $14.0 MM now and $2,000,000 a year for 5 years. If interest rates are 7%, who is better paid on a PV basis and by how much? Show your work to get partial credityour answer must show by how much the better paid player is getting.

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