Your brother, age 40, is the regional manager at an office supply company. He thinks he might
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Question:
If he goes back to school, he would forego two years of income, but his real income after graduation would be $125,000 per year until retirement at age 65.
He has been accepted to an MBA program that costs a real $25,000 per year.
If his real opportunity cost is 8 percent, would leave his job to get an MBA be a smart financial decision?
Related Book For
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
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