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Assume that two athletes sign 10-year contracts that pay out a total of $100 million over the life of the contracts. One contract will pay the $100 million in equal installments over the 10 years. The other contract will pay the $100 million in installments, but the installments increase 5% per year. Which athlete received the better deal? You must show your work and explain your position in detail.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92790700

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