The price of oil is $120 per barrel. The effective lease rate and risk free rate are 5.0% and 6.0%, respectively
The constant cost of extraction is $105 per barrel and the volatility of prices is 18.0%. What is the value of an option to defer extraction?
A) $30.68
B) $32.08
C) $34.56
D) $38.34
B
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The ________ is a skewed distribution whose shape depends solely on the number of degrees of freedom. As the number of degrees of freedom increases, the distribution becomes more symmetrical
A) t distribution B) frequency distribution C) chi-square distribution D) F distribution
Sarah, a RealPlan sales representative, recently sold a software package to Mario, the owner of a small business. How can Sarah most likely create value for Mario now that the sale is complete?
A) sending Mario product brochures B) becoming personal friends with Mario C) continuing to contact Mario to ask for referrals D) providing additional software training to Mario E) explaining the many software benefits to Mario
Antonin, a federal judge, retires. The vacant position will be filled by a judge
a. appointed by the United States Supreme Court. b. elected by voters. c. appointed by the President. d. appointed by Congress.
Net-A-Porter's online store is an example of
A) business-to-employees EC. B) business-to-consumer EC. C) business-to-business EC. D) consumer-to-consumer EC.