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Long-term investment decision, NPV method Jenny Jenks has researched the financial pros and cons of entering into a 1 year MBA program at her state

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Long-term investment decision, NPV method Jenny Jenks has researched the financial pros and cons of entering into a 1 year MBA program at her state univer The tution and needed books for a master's program will have an upfront cost of $51.000. If she enrolis in an MBA program Jenny will quit her current job, which $50,000 per year after taxes (for simplicity, treat any lost earnings as part of the upfront cost) On average a person with an MBA degree carns an extra $22.000 per wiar (aftor taxes) over a business career of 40 yours Jenny believes that her opportunity cost of capital is 65% Given her estimates find the not present value (NA of entering this MBA program. Are the benefits of further education worth the ussociated costs? The following timeline depicts the cash flows associated with this problem 0 1 40 Tuition (CF) Extra carrings -5101 000 $22.000 $22.000 $22.000 The net present value (NPV) of entering this MBA program is $(Round to the nearest doitia)

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