Business, 29.02.2020 02:29 karlye

Kick is looking to play for a U. S. MLS team. DC. United is offering him $50 million for his first year. The Chicago Fire is offering him $25 million his first year and $10 million per year for the following three years. The market interest rate is 5 percent. Which offer is the better deal in terms of present value in millions?A. DC. United, because it will pay him $50 million compared with $48.1 million from Chicago Fire. B. DC. United, because it will pay him $50 million compared with $46.8 million from Chicago Fire. C. Chicago Fire, because it will pay him $52.2 million compared with $50 million from DC. United. D. Chicago Fire, because it will pay him $55 million compared with $50 million from DC. United.

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Kick is looking to play for a U. S. MLS team. DC. United is offering him $50 million for his first y...

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