You plan to go to school this summer. if you do, you won't be able to take your usual summer job that pays $10 comma 000 for the summer. the cost of tuition is $2 comma 000 and textbooks cost $300. you live with your family, which covers your living expenses of $1 comma 900. what is your opportunity cost of going to school this summer? your opportunity cost of going to summer school is $ nothing.

Acompany recently announced that it would be going public. the usual suspects, morgan stanley, jpmorgan chase, and goldman sachs will be the lead underwriters. the value of the company has been estimated to range from a low of $5billion to a high of $100billion, with $45billion being the most likely value. if there is a 20% chance that the price will be at the low end, a 10% chance that the price will be at the high end, and a 70% chance that the price will be in the middle, what value should the owner expect the company to price at?