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What was the after-tax cost to bp of the payment

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Question - In 2015, British Petroleum agreed to pay $18.7 billion to a fund established by the U.S. government to settle claims related to the Deepwater Horizon oil spill in the Gulf of Mexico. If the agreement with the government was structured as a payment in settlement of a legal dispute, rather than as a fine or penalty, what was the after-tax cost to BP of the payment?

Reference no: EM132105897

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