Business
Business, 25.01.2021 20:20, Auriieee

6. A prospective oil field contains either 20M barrels or 5M barrels. Each barrel of oil will generate $0.5 of cashflow in present value. It will cost $4M to drill the well required. a. If either quantity of oil is equally likely, would you proceed with the project

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6. A prospective oil field contains either 20M barrels or 5M barrels. Each barrel of oil will genera...

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