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In your groups develop a detailed thought experiment about your lifetime's earnings. Start from where you are today: how much income per year are you

In your groups develop a detailed thought experiment about your lifetime's earnings. Start from where you are today: how much income per year are you expected to make in 2024. Then, developed a sound and well-thought projection of your lifetime's earnings. Project your earnings until the year you turn 70 years-old. Do that for every single person in your group. Make sure each individual case is well thought, argued, and explain in your deliverable.

Questions to be answered:

  1. What is your asking price to give the right to someone to get 10% of your group lifetime's earnings? You have to come up with a dollar amount that you would be willing to receive today in exchange for 10% of your group yearly lifetime's earnings.
  2. How would you distribute the asking sum (dollar amount you asked for in question 1) among your team members? Elaborate.
  3. What would each of you do with the money you receive? Elaborate.
  4. Think about the incentives both (positive and negative) that this transaction might cause. Elaborate.

Deliverables:

1. A well formatted and readable Excel. Make sure it has formulas. It is properly formatted. And, that it has ALL assumptions and ALL answers clearly highlighted.

2. A short slide deck with your main assumptions and your answers to the questions above.

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