Question: QUESTION 48 2 points Save Answi Abaseball player is offered a contract that will pay $1,973,063 per year for 4 years, followed by $2,473,658 per

QUESTION 48 2 points Save Answi Abaseball player is offered a contract that will pay $1,973,063 per year for 4 years, followed by $2,473,658 per year for 5 years, followed by $3,109,073 per year for 7 years. All contract payments are paid at the end of the year. If the player's required rate of return is 3%, how much is this contract worth? State your answer to the nearest whole dollar

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