Solve following Discounted Cash Flow (DCF) Problem:In late 2013, catcher Brian McCann signed up at $85 million. At the same time Jacob Ellsbury signed up at $153 million.
Signing up at the same time was Clayton Kershaw whose remuneration amounted to $215 million as scheduled below:
Signing bonus $18 million
End of 2014, $4 million
End of 2015, $30 million
End of 2016, $32 million
End of 2017, $33 million
End of 2018, $33 million
End of 2019, $32 million
End of 2020, $33 million
Assuming that Clayton is happy with a nominal interest rate (that always includes inflation rate) of 12% , which player was paid highest remuneration?