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Suppose you are the ceo of the leading oil and gas company keen on exploring the new oil field. However, your organisation requires money to
Suppose you are the ceo of the leading oil and gas company keen on exploring the new oil field. However, your organisation requires money to finance the purchase of new oil rigs and for purchasing drilling machinery. If your organisation has enough funds to finance the exploration, how would an increase in interest rate affect your decision regarding the exploration. If at all?
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