Chapter 6, Problem 4M

Summary Introduction

Case summary:

Person B has completed his graduation before six years with an undergraduate degree in finance. His aim is to become an investment banker, though he is satisfied with the present job. Person B was searching for the best college to do MBA program, which he thinks that would assist in achieving his aim. He was looking for University W and College M. The details of Person B's current job and his course details are provided.

Characters in the case:

• Person B
• University W
• College M

Adequate information:

• Person B is not allowed to work anywhere until the completion of MBA program.
• The salaries are not paid for the internship course.

Given statement:

Person B believes that the appropriate analysis is to compute the future value of every option.

To evaluate: The given statement