Business
Business, 02.06.2021 19:20, Val03

The Buffalo Bills are considering paying Jake Kumerow a lump sum of $13,424,887 three years from now as part of his contract. If the relevant discount rate is 12 percent, what is the present value of this liability? Round your answer to nearest whole number.

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The Buffalo Bills are considering paying Jake Kumerow a lump sum of $13,424,887 three years from now...

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