You are considering joining a study abroad program. It will cost you some money but it could help you get a job especially when the job market is bad (high competition). If job market is good anyway, even without the study abroad experience, you can easily get a job. There are only two possibilities: a good job market or a bad job market. Your expected net benefit from going study abroad (cost of study abroad program already included here) is $21475 when market is good and $40,000 when market is bad. Your expected net benefit from not going to study abroad is $50,000 when market is good and $15,000 when market is bad. The probability of a good job market when you graduate is 37% According to a decision tree analysis, the expected net benefit (payoff) of going study abroad is $ Type in the answer rounded up to 2-decimal places