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Business, 27.03.2020 01:48 Alex4530

Cronus Airlines has a contract that gives them the opportunity to purchase up to 13,000,000 gallons of jet fuel at $2.00 per gallon. The current market price of jet fuel is $2.3 per gallon. Cronus believes they will only need 4,000,000 gallons of jet fuel. What is the value of this opportunity

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Cronus Airlines has a contract that gives them the opportunity to purchase up to 13,000,000 gallons...
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