3. A rookie NBA player now is facing his first NBA contract. There are three offers given to him as shown below. Let's assume that his opportunity cost is 6%. As his advisor, which contract would you recommend to your client? Hint: find PV. a. 1,263,709.14 b. 1,425,309.44
3. A rookie NBA player now is facing his first NBA contract. There are three offers given to him as shown below. Let's assume that his opportunity cost is 6%. As his advisor, which contract would you recommend to your client? Hint: find PV. a. 1,263,709.14 b. 1,425,309.44
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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