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Exxon Mobil is planning to acquire land in Alberta, Canada. Exxon Mobil is currently being offered a very attractive price for the land. However, oil
Exxon Mobil is planning to acquire land in Alberta, Canada. Exxon Mobil is currently being offered a very attractive price for the land. However, oil prices are currently at historic lows. What should the company do with this investment proposal? Multiple select question. Exxon Mobil should buy the land now but delay the decision to drill. Exxon Mobil should not explore this opportunity because oil prices are low. Exxon Mobil should buy the land now and if oil prices show no possibility of rising, it can sell the land in the future. Exxon Mobil should buy the land and begin drilling immediately
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