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Q 3 - UOWD students typically receive a signing bonus when they agree to full time employment upon completion of the MBA program. For the

Q3- UOWD students typically receive a signing bonus when they agree to full time employment upon completion of the MBA program. For the class of 2024, the signing bonus averaged nearly $20,000. Recently, the average signing bonus has gone up by about $2,000 per year, so that in two years, the average signing bonus is expected to reach $24,000. Using a discount rate of 10.00% and assuming the signing bonus is paid in exactly two years, what is the present value of the average bonus for the class of 2026?
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