Quote:
Originally Posted by Enoch Root
Your interest rates are way off. For time value of money, you have to use risk-free rates. Try 2% for a year, and 1% for 3 months. 7% is an investment return that comes with a commensurate amount of risk.
The issue the league has with these deals is that they give an advantage to the rich teams that can afford to do them.
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The average rate of return of the stock market since its inception is about 10%.
NHL players aren’t putting their money into GIC’s.
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