Question: HW2: Problem 4 Previous Problem List Next 1 point) Bubba Jones has an offer to play pro football in the Arena League. Part of his

HW2: Problem 4 Previous Problem List Next 1 point) Bubba Jones

HW2: Problem 4 Previous Problem List Next 1 point) Bubba Jones has an offer to play pro football in the Arena League. Part of his contract calls for him to receive a signing bonus, payable as follows:$ 100,000 immediately, $70000 in two years, and $150000 in 6 years. What is the present value of the signing bonus, assuming annual 7.4% effective interest? Answer $

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