Which player was paid highest remuneration

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Reference no: EM131988532

Solve following Discounted Cash Flow (DCF) Problem:In late 2013, catcher Brian McCann signed up at $85 million. At the same time Jacob Ellsbury signed up at $153 million.

Signing up at the same time was Clayton Kershaw whose remuneration amounted to $215 million as scheduled below:

Signing bonus $18 million

End of 2014, $4 million

End of 2015, $30 million

End of 2016, $32 million

End of 2017, $33 million

End of 2018, $33 million

End of 2019, $32 million

End of 2020, $33 million

Assuming that Clayton is happy with a nominal interest rate (that always includes inflation rate) of 12% , which player was paid highest remuneration?

Reference no: EM131988532

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