Question: eztomheducation.com Curtis .. Homework 2 Sved Help Save & Submit 9 A famous quarterback just signed a S14 million contract providing $3.5 million a year

 eztomheducation.com Curtis .. Homework 2 Sved Help Save & Submit 9

eztomheducation.com Curtis .. Homework 2 Sved Help Save & Submit 9 A famous quarterback just signed a S14 million contract providing $3.5 million a year for 4 years. A less famous receiver signed a $10.6 milion 4-year contract providing $3 million now and $3.2 milion a year for 4 years. The interest rate is 8% What is the PV of the quarterback's contract? (Do not round intermediate calculations. Enter your answer in milions rounded to 2 decimal places.) 10 pot Presente b. What is the PV of the receivers contract? (Do not round Intermediate calculations. Enter your answer in miliona rounded to 2 decimal places Referencer Prown value milion c. Who is better paid Quarterback Receiver ME GE DIE

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