Coach Sloane just received a new contract for $2M per year for 8 years which was announced as a $16M contract Assuming an 7 discount rate, what is the true present value of that contract assuming all annual payments are received on the first day of the contract year, i e , he gets $2M now, and 7 m...

Received New Contract for I ...

Coach Sloane just received a new contract for $2M per year for 8 years which was...

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Sep 26, 2022 12:47 AM

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