Question: Need help, please 17. Aderly just signed a three-year $10 million contract with the New York Yankees. Details of the contract stipulates that the Yankees
17. Aderly just signed a three-year $10 million contract with the New York Yankees. Details of the contract stipulates that the Yankees pay an immediate cash bonus of $1 million to Aderly. Aderly will be receiving $2 million in salary at the end of the first year, $3 million the next year, and $4 million at the end of the last year of the contract. Assuming a discount rate of 10%, what is the contract present value worth? 18. Laura is planning on investing into REIT that will pay her guaranteed cash flows of $120,000 in 10 years. If the appropriate discount rate is 5.4 percent compounded daily, what is the present value of the investment? Round up your answer to two decimal places 19. What is the future value of an investment of $25,000 worth in 20 years if invested into the bonds market. Assuming an interest rate of 8 percent compounded semiannually? Round up your answer to two decimal places
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