Question
What is the asset you own when you own a natural gas field: the natural gas in the ground or the natural gas you extracted
What is the asset you own when you own a natural gas field: the natural gas in the ground or the natural gas you extracted this year? Is there a difference between the price per unit of natural gas attaching to a natural gas field versus the price attaching to a unit of natural gas that has just been extracted? Which of thosetwo prices should be expected to rise over time at the interest rate?
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Essentials Of Statistics For The Behavioral Sciences
Authors: Frederick J Gravetter, Larry B. Wallnau
8th Edition
1133956572, 978-1133956570
