What is your NPV?

1) Open up excel, list out all your expected cash flows from your current age to when you think you will retire 2) Discount those cash flows using a 7% discount rate (~9% expected return on the market with a ~2% inflation rate. If you disagree with these numbers, whatever, just use 7% to be consistent with everyone else). 3) Sum up those discounted cash flows

I get $16 M.

Also, if this takes you more than 45 seconds to do, get the fuck out of investment banking.

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