Question: could you please do this in excel? A famous quarterback just signed a $12.8 million contract providing $3.2 million a year for 4 years. A
could you please do this in excel?
A famous quarterback just signed a $12.8 million contract providing $3.2 million a year for 4 years. A less famous receiver signed a $8.6 million 4-year contract providing $3 million now and $2.5 million a year for 4 years. The interest rate is 9%.
Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.
What is the PV of the quarterback's contract?
What is the PV of the receiver's contract?
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