Question: QUESTION 10 7 points A baseball player is offered a contract that will pay $1,942,834 per year for 2 years, followed by $2,209,786 per year

QUESTION 10 7 points A baseball player is offered a contract that will pay $1,942,834 per year for 2 years, followed by $2,209,786 per year for 3 years, followed by $2,618,518 per year for 4 years. All contract payments are paid at the end of the year. If the player's required rate of return is 4.1%, how much is this contract worth? State your answer to the nearest whole dollar

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