Rachel is thinking of starting a bookstore that would require her to invest $75,000 for inventory (books), furniture and other such items. Currently, she has her money invested in stocks, which she expects to return about 10 percent per year. She feels that the investment in her own bookstore would be no more risky than her current investment in stocks. What would the opportunity cost be to Rachel for the money she invests in the bookstore?

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.