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What is the contract really worth

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Question 1: Tyler Myers has just signed a $6 million contract. The contract calls for a payment of $1.2 million today, $1.5 million one year from now, $1.5 million two years from now, and $1.7 million three years from today. What is this contract really worth if Tyler can earn 10.5 percent on his money?

Reference no: EM132497922

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