Unformatted text preview: competition (hint: competition with LP), second, calculate the expected present value of company’s profit using the probabilities of 80% and 20%, and then compare it with the certain return of $10,000 that the company receives by investing in Treasury bills. 2. Please read Case Study 12-4 “The Market for Dumping Rights” (p. 505) and write an essay (at least two pages) on “Global carbon emissions trading, a good idea?” Page 1 of 1...
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- Spring '09
- Management, Kyoto Protocol, Emission standard, Emissions trading, Carbon Credit