A baseball player is offered a 5-year contract that pays him the following amounts: Year 1: $1.31 million Year 2: $1.98 million Year 3: $2.49 million Year 4: $2.84 million Year 5: $3.36 million Under the terms of the agreement all payments are made at the end of each year. Instead of accepting the contract, the baseball player asks his agent to negotiate a contract that has a present value of $1.78 million more than that which has been offered. Moreover, the player wants to receive his payments in the form of a 5-year ANNUITY DUE. All cash flows are discounted at 10.00 percent. If the team were to agree to the player's terms, what would be the player's annual salary (in millions of dollars)
Answers: 3
Business, 22.06.2019 02:30, teresaduggan1433
On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.
Answers: 3
Business, 22.06.2019 18:30, maddylol3863
Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.
Answers: 3
Business, 22.06.2019 23:30, SmolBeanPotato
Shelby bought her dream car, a 1966 red convertible mustang, with a loan from her credit union. if shelby paid 5.1% and the bank earned a real rate of return of 3.5%, what was the inflation rate over the life of the loan?
Answers: 2
A baseball player is offered a 5-year contract that pays him the following amounts: Year 1: $1.31 mi...
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