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Title: You are asked to advise whether to immediately begin extracting the oil or wait 5 years to begin ... Post by: Mpron on Jan 22, 2018 You are asked to advise whether to immediately begin extracting the oil or wait 5 years to begin extraction.
If the annual interest rate is 5, at least how much would the oil have to be worth in the future market for you to advise waiting 5 years to begin extraction? Assume that you are asked to base your recommendation solely on the money earned. A) Approximately 12 million B) Approximately 13 million C) Approximately 20 million D) Approximately 10.5 million Title: You are asked to advise whether to immediately begin extracting the oil or wait 5 years to begin ... Post by: Haileyian on Jan 22, 2018 Content hidden
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