FIN 504 Week 6 Reply To Dr Derek post

Question Description

I’m working on a nursing discussion question and need an explanation and answer to help me learn.

Would you rather $5million today or $1 million a year for 30 years but you don’t start getting paid for another 10…?

Here is an alternative response post idea surrounding the contract of former baseball player Bobby Bonilla.

He had what is called a deferred contract. Here is a video ESPN had explaining it https://www.youtube.com/watch?v=4rLCqqmiPGY

Then I did a video explanation of how to evaluate using the NPV of his deferred contract which you can watch to help decide whether the Mets or Bonilla got the better end of the deal https://www.youtube.com/watch?v=uc1muIZSe8Y

Watch both and then comment on what you would have done and why?

Explanation & Answer:

250 words

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