Daisy Spring is a 27-year-old engineer who plans to enroll in a graduate program next fall. Her current salary is $40,000 a year and will remain the same for the next 5 years. Her only alternative option is to get into a full-time MSc in Finance (one year of her time without working), which will secure her a job that will pay $75,000 in the first four years after graduation. She has already been accepted to a program that costs her $40,000 per year. If we ignore discounting ...What is the rate of return of getting this graduate degree for Ms. Spring in a 5-year horizon?
A. 25%
B. 45%
C. 75%
D. 95%
