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Author Question: A firm has contracted to supply 500,000 gallons of propane fuel for $1.49 million to the local ... (Read 43 times)

tichca

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on: Jul 9, 2019
A firm has contracted to supply 500,000 gallons of propane fuel for $1.49 million to the local municipality.  The municipality wants to break the contract.  What does the minimum current market price of propane need to be in order for the firm to benefit from breaking the contract?
◦ greater than $3.00 per gallon
◦ greater than $2.99 per gallon
◦ greater than $2.97 per gallon
◦ greater than $2.98 per gallon
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by tichca on Jul 9, 2019

jaygar71

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tichca

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Reply #2 on: Jul 9, 2019
Thank you!


jaygar71

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Reply #3 on: Jul 9, 2019
Always glad to help...


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