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A famous quarterback just signed a contract for 12.5 million, providing 2.5 million a yr for five years. A famous receiver signed a contract for 11.5 million , providing 4 million now and 1.5 million a year for the next 5 years the interest rate is 10 percent . A. What is the PV of the Quarterback contract? B. What is the PV of the receivers contract? C. Who is better paid? Please provide step by step.

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Financial Management, Finance

Category:- Financial Management
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