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The star basketball player from your college signed a contract with Telcics. Under this contract he...

The star basketball player from your college signed a contract with Telcics. Under this contract he will be paid $1,200,000 at the end of each year for the following four years. He can earn 12 percent annual rate on all investments. What is the present value of this contract? A. $ 3,341,084 B. $ 3,037,349 C. $ 3,568,885 D. $ 3,189,217 E. $ 3,644,819 F. $ 3,492,952

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