How much is it worth, A first-round draft choice

How much is it worth

Reference no: EM131510906

"A first-round draft choice quarterback has been signed to a three-year, $10 million contract.The details provide for a cash bonus of $1 million. The player is to receive $2 million in salary at the end of the last year. Assuming a 10% discount rate, is this package worth $10 million? How much is it worth?"

Reference no: EM131510906

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