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Cronus Airlines has a contract that gives them the opportunity to purchase up to 11,000,000 gallons of jet fuel at $4.00 per gallion. The current

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Cronus Airlines has a contract that gives them the opportunity to purchase up to 11,000,000 gallons of jet fuel at $4.00 per gallion. The current market price of jet fuel is $4.20 per gallon. Cronus believes they will only need 4,000,000 gallons of jet fuel. What is the value of this opportunity? A. $7,000,000 B. $1,400,000 C. $2,200,000 D. $800,000

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