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The probability of successfully drilling exploration well in a region is 40%, the cost of drilling and completing a well is $50 million and if the well is successful, the etimated size of the discovered reserves is 50 MM barrels. On the other hand, a dry hole cost about 80% of the cost of a successful completion. What is the expected investment per expected reserves?
Suppose the factory Afro-Puffs Inc. produces wigs. As a by-product of this wig production, they also produce dangerous emissions of toxic gases (as a result of the strong glue used to hold the hair in place). The De-Lite car factory, down the road, e..
Calculate the present worth of the following geometric gradient series cash flow: Annual interest Rate =9.64 %, Annual cash flow increases 29% each year, The first year value is $65 and the series is 9 yrs long.
Assume that there are 10 million workers in Canada also that each of these workers can manufacture
Explain the significance of realignment in American politics and make a prediction as to which groups may switch parties in the near (0-16 years) future
Suppose you plan to go to school this summer. The cost of tuition and textbooks is $1,400 and housing, board, and entertainment will cost you $500. If you didn't go to school, you'd live in your parents' house for free, but your other living expenses..
Evaluate whether and to what extent the human failures that led to the disaster can and will be corrected.
Jimmy Paul Miller starts his own bank, called JPM. As owner, Jimmy puts in $2,000 of his own money. JPM then borrows $4,000 in a long-term loan from Jimmy’s uncle, accepts $14,000 in demand deposits from his neighbors, buys $7,000 of U.S. Treasury bo..
Suppose that you owe $10,000 when you graduate from UWM. Your Federal Stafford loan has an annual interest rate of 4.5%. If you want to pay back the entirety of your loan in ten years, what would be your total payment per month?
Consider an economy described by the following equations: Y= C+I+G, Y= 5,000, G= 1,000, T= 1,000, C= 250 + 0.75(Y-T), I= 1,000 -50r. In this economy, compute private saving, public saving, and national saving.
When the Fed buys government bonds,
Two firms, each in a different country, sell homogeneous output in a third country. Government 1 subsidizes its domestic firm by s per unit. The other government intervention, the market has a Nash-Cournot equilibrium. Show that Government 1's optima..
The time to complete the construction of a soapbox derby car is normally distributed with a mean of three hours and a standard deviation of one hour. Find the probability that it would take more than five hours to construct a soapbox derby car
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