Exam 3 - Essay Questions to Be Turned-in.pdf - Essay...

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Essay Questions to Be Turned-In by Hand These essay questions require you to show how to set up and solve equations or to draw graphs. Thus, they must be turned in separately on June 12 th (Wednesday at 10:30am ) . Each question is worth 18.75 points. Question #23 ( Essay Question: Present Value Analysis) [Please turn in by hand] Suppose that Stephen Curry, a basketball player for the Golden State Warriors, will become a free agent at the end of this NBA season. Suppose that Curry is considering two possible contracts from different teams. Note that the salaries are paid at the end of EACH year. Contract #1 (Boston) Contract #2 (Portland) Signing bonus (paid today) $1 million $1 million First-year salary
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