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The four actors below have just signed a contract to star in a dramatic movie about relationships ...
The four actors below have just signed a contract to star in a dramatic movie about relationships among hospital doctors. Filming is expected to take two years to complete. Each person signs independent contracts today with the following terms: Required: 1-a. Assuming an annual discount rate of \( 9 \% \), calculate the present value of the contract amount. (FV of \( \$ 1 \), PV of \( \$ 1 \), FVA of \( \$ 1 \), and \( \underline{P V A} \) of \( \$ 1 \) ) 1-b. Which of the four actors is actually being paid the most? Complete this question by entering your answers in the tabs below. Assuming an annual discount rate of \( 9 \% \), calculate the present value of the contract amount. Note:Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.