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Wanna B. Astar has just signed an $8 million contract. The-(Answered)

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Wanna B. Astar has just signed an $8 million contract. The contract calls for a payment of $1.5 million today, $2.0 million one year from now, $2.2 million two years from now, and $2.3 million three years from today. What is this contract really worth if Wanna can earn 8.0 percent on his money?

 

Paper#9209258 | Written in 27-Jul-2016

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