Question: Clair is a soccer player that just signed a 3-year contract with a new team. The contract will pay her as follows: $52,000 today $69,000

Clair is a soccer player that just signed a 3-year contract

Clair is a soccer player that just signed a 3-year contract with a new team. The contract will pay her as follows: $52,000 today $69,000 at the end of year 1 $76,000 at the end of year 2 $83,000 at the end of year 3 If the discount rate is 5.2%, what is the value of her contract today

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