A Noted Free Agent Running Back Just Signed a Four

question 47

Multiple Choice

A noted free agent running back just signed a four -year, 30 -million dollar contract with a new team. He will get a 7 -million dollar signing bonus and a 4.5 -million dollar roster bonus. Additionally, he will get 3.25 million for year one, 5.25 million for year two, 5 million for year three, and 5 million for year four. Salary is paid at the end of the first year. Find the present value of his contract if money can earn 6%.

• A) $15,897,083.78
• B) $27,397,083.78
• C) $23,911,000.35
• D) $30,000,000

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Definitions:

Heterosexual Contact

Sexual interaction between individuals of the opposite sex.

Condoms

Barrier devices used during sexual intercourse to reduce the risk of sexually transmitted infections (STIs) and prevent pregnancy.

Cross-Culturally

Pertaining to or involving different cultures or comparison between them, especially to study cultural differences and similarities.

Sexual Behaviors

Activities related to sexual intercourse and expressions of sexuality, encompassing a wide range of actions and preferences.