Violet5112 Violet5112

23-12-2022
Business

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a famous quarterback just signed a $15 million contract providing $3 million a year for 5 years. a less famous receiver signed a $14 million 5-year contract providing $4 million now and $2 million a year for 5 years. the interest rate is 10%. what is the pv of the quarterback's contract? note: do not round intermediate calculations. enter your answer in millions rounded to 2 decimal places. what is the pv of the receiver's contract? note: do not round intermediate calculations. enter your answer in millions rounded to 2 decimal places. who is better paid? multiple choice quarterback receiver

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