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Please show detailed work Assume an individual will work for 35 years after their graduation (i.e., 35 years until retirement), and that the appropriate discount
Please show detailed work
Assume an individual will work for 35 years after their graduation (i.e., 35 years until retirement), and that the appropriate discount rate for all MBA graduates is 9%. What is the value of the salary for a School A graduate vs. a School B MBA graduate from now until they retire worth to the individual today? School A Graduate Salary: 176,083 School B Graduate Salary: 167,134 Using the same information as above, assume the individuals do not start earning these salaries until three years from now (i.e., the salary does not begin today, but starts in three years). Now, what is the value of each salary worth to the individual todayStep by Step Solution
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