(Answered) Espn pays the nfl 11 billion per year for 8 yrs for the

Management Studies

ESPN pays the NFL $1.1 Billion per year for 8 yrs for the right to exclusively televise football. What is the NPV of the investment if the parent Disney CO has an opportunity interest rate that is equal to the cost of capital at 9%. Fox and CBS agree to pay $712 million and $622 million for 6 years. What was that worth?

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