Question
Discuss the following: As the CFO of Marie LeBlanc's workover rig company, you have been involved in a serious discourse with your analysts and have
Discuss the following:
As the CFO of Marie LeBlanc's workover rig company, you have been involved in a serious discourse with your analysts and have considered the many financial components to ascertain the probabilities of success in moving forward to acquire drilling rigs. You present to Ms. LeBlanc your findings and state the"Monte Carlo simulation supports the "real options" valuation, assuming we can maintain the "economic rents" in the current environment". Ms. LeBlanc looks at you as if you have lost your mind and asks, "Three martini lunch again? Spit it out. Speak English or French, not whatever it is you are spouting. Say it so I can understand it." Theophile Savoie, Ms. LeBlanc's COO, agrees and with a strong merci, asks for you to say it again so he can understand as well. Being a very smart CFO, explain it again so Ms. LeBlanc and Mr. Savoie understand.
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