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Use the Following Information to Answer the Question(s)below

Question 5

Multiple Choice

Use the following information to answer the question(s) below. Use the following information to answer the question(s) below. The risk-free rate of interest is 3% and the market risk premium is 5%. -The value of the oil exploration division (in $ millions) is closest to: A) $4500. B) $7500. C) $8750. D) $10,000. The risk-free rate of interest is 3% and the market risk premium is 5%.
-The value of the oil exploration division (in $ millions) is closest to:


A) $4500.
B) $7500.
C) $8750.
D) $10,000.

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