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C Now, let's do a comparision, assume your cost of capital is 8 % , you have 2 0 years until retirement ( including any

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Now, let's do a comparision, assume your cost of capital is 8%, you have 20 years until retirement (including any years in school), your current salary is $60,000 and you receive a 25% raise whether you complete your MBA, regardless of whether it is the full time MBA program (taking 2 years off) or complete it part-time over 4 years while working. What is the best economic decision?
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