Suppose a professional sports team convinces a former, Financial Management

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Suppose a professional sports team convinces a former

Suppose a professional sports team convinces a former player to come out of retirement and play for three seasons. They offer the player $2 million in year 1, $3 million in year 2, and $4 million in year 3. Assuming end of year payments of the salary, how would we find the value of his contract today if the player has a discount rate of 12%?

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