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What is the advice at interest rates

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Question 1: You have been hired as a financial advisor to Michael Jordan. He has received two offers for playing professional basketball and wants to select the best offer, based on considerations of money only. Offer A is a $10m offer for $2m a year for 5 years. Offer B is a $11m offer of $1m a year for four years and $7m in year 5. What is your advice at 8%,9% , 10% and 11% interest rates?

Reference no: EM132512979

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