Dawn estimates the present value of investing in a college education is $350,890 while the present value of cost is $236,784. In this case:
A) Dawn should invest in the education.
B) Dawn should not invest in the education.
C) Dawn would be indifferent to investing in the education.
D) Dawn must first estimate the rate of return before deciding whether or not to invest in the education.
Correct Answer:
Verified
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