Use the Following Information to Answer the Question(s)below

question 34

Multiple Choice

Use the following information to answer the question(s) below.
Rearden Metals is considering opening a strip-mining operation to provide some of the raw materials needed in producing Rearden metal.The initial purchase of the land and the associated costs of opening up mining operations will cost $100 million today.The mine is expected to generate $16 million worth of ore per year for the next 12 years.At the end of the 12th year Rearden will need to spend $20 million to restore the land to its original pristine nature appearance.
-The number of potential IRRs that exist for Rearden's mining operation is equal to:

• A)0.
• B)1.
• C)2.
• D)12.

---

Definitions:

Objective Knowledge

Information or facts that are not influenced by personal feelings or opinions and can be verified by evidence.

U.S. Department of Labor

A department of the federal government of the United States responsible for occupational safety, wage standards, unemployment insurance benefits, re-employment services, and some economic statistics.

Essential Skills

Fundamental abilities needed for work, learning, and life, such as literacy, numeracy, and problem-solving in technology-rich environments.

Interdisciplinary Influences

The impact and contribution of concepts, methods, and theories from multiple academic disciplines on a specific field of study or project.