Joe currently makes a $75,000 annual salary at his job and knows that he won't get fired. He was recently accepted into an MBA program and earned a full tuition scholarship. Suppose Joe will earn $100,000 per year for the first 3 years after his MBA program. If Joe uses discounted cash flow analysis, what cash flow should Joe discount back for each of his first 3 years after his MBA program?
A. $100,000
B. $75,000
C. $25,000
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