Question: Suppose Sheldon is considering enrolling in an advanced computer programming training course that involves direct costs of $ 1 0 , 0 0 0 and

Suppose Sheldon is considering enrolling in an advanced computer programming training course that
involves direct costs of $10,000 and forgone earnings $25,000. The course will increase Sheldon's earnings
by $17,500 and $20,000 for the 2 years he plans on working. The discount rate is 10%. Should Sheldon
take this course?
No, because the NPV is positive.
Yes, because the NPV is positive.
No, because the NPV is negative.
Yes, because the NPV is negative.
Suppose Sheldon is considering enrolling in an advanced computer programming training

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