Case Study # 1 from textbook ISBN :978-0-07-353068-0

For this assignment, following APA style, answer as comprehensively as possible the questions after each case summary.

Please refer to closing case (The MBA Decision) at the end of chapter 4, page 132 of your textbook and answer the following questions:.

How does Bens age affect his decision to get an MBA?

What other, perhaps nonquantiable factors, affect Bens decision to get an MBA?

Assuming all salaries are paid at the end of each year, what is the best option for Benfrom a strictly nancial standpoint?

In choosing between the two schools, Ben believes that the appropriate analysis is to calculate the future value of each option. How would you evaluate this statement?

What initial salary would Ben need to receive to make him indifferent between attending Wilton University and staying in his current position? Assume his tax rate after graduating from Wilton University will be 31 percent regardless of his income level.

Suppose that instead of being able to pay cash for his MBA, Ben must borrow the money. The current borrowing rate is 5.4 percent. How would this affect his decision to get an MBA?