Finc 330 Business Finance Quiz 85

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School
University of Maryland, University College **We aren't endorsed by this school
Course
FINC 330
Subject
Business
Date
Nov 7, 2023
Pages
2
Uploaded by PresidentWillpower10001 on coursehero.com
Finc 330 Business Finance Quiz 85 85) Another oil refiner is offering to trade you 10,150 Bbls of Alaska North Slope (ANS) crude oil for 10,000 Bbls of West Texas Intermediate (WTI) crude oil. Assuming you just purchased 10,000 Bbls of WTI crude at the current market price, the added benefit (cost) to you if you take the trade is closest to: A) $730,600. B) $771,400. C) $40,800. D) $43,308. Answer: C
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