Problem
You will read the mini-case on page 483 of your textbook: "Tengiz-The Definition of Political Risk." After reading and analyzing the case, answer the questions below, which can also be found on page 486 of the textbook.
1) Why would a company like Chevron invest so much capital in a project with so many risks?
2) How had Chevron tried to mitigate the political risks of the project?
3) Had the risks associated with Tengiz changed or evolved over time?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.
Reference
Moffett, M. H., Stonehill, A. I., & Eiteman, D. K. (2017). Fundamentals of Multinational Finance (6th Edition). Pearson Education (US).