Question: Suppose Caitlin Clark has just signed a 1 5 - year endorsement agreement with Nike. The terms of the agreement are that she will be
Suppose Caitlin Clark has just signed a year endorsement agreement with Nike. The terms of the agreement are that she will be paid a lump sum of $ at the end of each year for years followed by a loyalty bonus of $ in years and $ in years. Determine the value of this deal in current dollars.
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