Signed a deal with Under Armour, where UA will pay Curry $4M every year, starting from 1/1/2023, for 5 years. In return, UA expects to make $2M, $5M, $10M, $20M and $30M profit from Curry's brand for the 5 years. Suppose the profits are earned on the first day of each year from 2024 to 2028. The discount rate is 10% per year. What was the NPV of this contract for Stephen Curry at the time of 1/1/2023?
If we do things right, there is nothing to fix. Discuss this statement in relation to the cost of quality where prevention, appraisal, internal failure and external failure constitute cost of quality. How does this align with the philosophical stance of Philip Crosby?
