$3)$ Analyze the risks and returns to Chad, Cameroon, and the Private Sponsors? How were the returns calculated? Are the risks and returns fair from each party$$s perspective?

$4)$ Will the Revenue Management Plan work? Are there aspects of the plan that you think should be changed?

$5)$ Would you approve the deal as a World Bank$/$IFC board member?

Note: Integrated oil$-$field development and pipeline companies have asset betas ranging from $0\mathrm{.}40$ to $0\mathrm{.}60.$ You can also assume the equity risk premium is $6\%.$