Long-term investment decision, NPV method

P10-11 (similar to) Question Help 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 university. The tuition and needed books for a master's program will have an upfront cost of $54,000. If she enrollis in an MBA program, Jenny wil quit her current job, which pays $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 earns an extra S20 000 per year after taxes over a business career of 37 years Jenny believes that her opportunity cost of capital is 6.1%. Given her estimates, find the net present value (NPV) of entering this MBA program. Are the benefits of further education worth the associated costs? The following time line depicts the cash flows associated with this problem 37 Tuition (CFo) $104,000 $20,000 $20,000$20,000 Extra The net present value (NPV) of entering this MBA program is s. (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer Clear All di search