2. Assuming all salaries are pald at the end of each year, what Is the best option for Ben-from a stri standpoint? He has three choices: remain at his current job, pursue a Wilton MBA, or pursue a Mt. P order to determine the best option, you will need to calculate the after tax value of each option (per below). Remain at Current Job Which option should he choose After-tax salary: Discount rate: Growth rate: # of periods PVof remaining at current job Wilton MBA Direct Costs = Present Value of Direct Costs = Plus "gain" from getting an MBA Aftertax bonus PV of after-tax bonus After tax salary PV of new salary* Note here the assumptions used for PV of new Salary: *1st calculate the PV of new salary to be received 3 years from now (which is FV of PV of new salary today) Discount rate Growth rate Number of periods PV of salary in 3 yrs Total Value of a Wilton MBA - Mount Perry MBA Direct Costs = Present Value of Direct Costs = Plus "gain" from getting an MBA Aftertax bonus PV of after-tax bonus After tax salary PV of new salary