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Cronus Airlines has a contract that gives them the opportunity to purchase up to 8,000,000 gallons of jet fuel at $4.00 per gallon. The current

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Cronus Airlines has a contract that gives them the opportunity to purchase up to 8,000,000 gallons of jet fuel at $4.00 per gallon. The current market price of jet fuel is $4.21 per gallon Cronus believes they will only need 6,000,000 gallons of jet fuel. What is the value of this opportunity? A. $2,000,000 B. $1,680,000 C. $420,000 D. $1,260,000

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