You are the chairman of the board of directors for an innovative technology company, and you are looking to hire a new CEO for a three year contract. Your shareholders require a 9% return. Your firm has 1,150 engineers who on average each contribute $245,000 to the annual revenue of the company and receive an average annual salary of $135,000.

The first candidate for the CEO position, Jane Doe, successfully increased the productive output of engineering employees at her last firm by 5.3%, and is asking for total annual compensation of $3,100,000.

The second candidate for the CEO position is a bit of a technology superstar, Alan Musk, and at his last company inspired and increased productive output of engineering employees by 14.7%, but is asking for total annual compensation of $21,700,000.

1- What are the PV, PC, and NPV of hiring Jane Doe for three years?

2- What are the PV, PC, and NPV of hiring Alan Musk for three years?

3- What would be the ratio of the salary of the CEO to the salary of the average engineer if you hire Jane Doe? And for Alan Musk?