4. The Trulaske College of Business is considering hiring a new dean to help improve the College's growth over the next ten years. Suppose the upfront signing bonus to recruit a new dean is $100,000 while the dean's annual salary is $500,000 (payable at the end of each year). The expected cash inflows from hiring a dean are $525,000 (received at the end of each year). If the College of Business has a 10% discount rate, the expected net present value of this hiring decision is which includes a present value of inflows of and a present value of outflows of Based on the net present value, the College hire a new dean. (Hint: you should net out the inflows and outflows when calculating the NPV). (a) $53,614.18; $3,225,897.73;$3,172,283.55; should not (b) $53,614.18; $3,225,897.73;$3,172,283.55; should (c) $53,614.18; $3,225,897.73;$3,172,283.55; should not (d) $53,614.18;$3,172,283.55;$3,225,897.73;should not