You will receive a $250,000 inheritance in 25 years. You can earn an annual return of 8% (with annual compounding) on investments you make for the next 25 years. Given this expected return, what is the value of your inheritance today?

It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent