Business, 24.12.2019 05:31 josebienka

Afamous quarterback just signed a $16.5 million contract providing $3.3 million a year for 5 years. a less famous receiver signed a $15.5 million 5-year contract providing $4 million now and $2.3 million a year for 5 years. the interest rate is 10%.a. what is the pv of the quarterback's contract? (do not round intermediate calculations. enter your answer in millions rounded to 2 decimal places.)b. what is the pv of the receiver's contract? (do not round intermediate calculations. enter your answer in millions rounded to 2 decimal places.)

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Afamous quarterback just signed a $16.5 million contract providing $3.3 million a year for 5 years....