A friend of yours is deciding whether to attend an MBA program after finishing undergrad.

The upfront cost of attending is $$50,000$ today and $$50,000$ in one year. If the expected

benefits are an additional $$10,000$ over years $2$ to $26(25$ payments$),$ and the discount rate is

$10\%,$ the expected present value is $.$ Because the expected present value is

$,$ this suggests that your friend should not attend the MBA program.

$($a$)-$$$12,936\mathrm{.}00$; negative

$($b$)$ $$150,000$; positive

$($c$)-$$$32,518\mathrm{.}55$; negative

$($d$)$ $$32,518\mathrm{.}55$; positive