13. A first-round draft choice quarterback has been signed (today) to a three- year, $10 million contract. The details provide for an immediate cash bonus of $1 million. The player is to receive $2 million is salary at the end of the first year, $3 million the next, and $4 million at the end of the last year. Assume a 10% discount rate, compounded annually. What is the package worth (in today's dollars)? $8.3 million A. B. C. D. E. $7.3 million $6.3 million $10 million $6.8 million