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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.
-One of the IRR for Rearden's mining operation is closest to:

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Definitions:

Dialectical Behavior

A therapeutic approach that combines standard cognitive-behavioral techniques with concepts of distress tolerance, acceptance, and mindful awareness derived from Buddhist meditative practice.

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A behavioral health issue characterized by erratic affective states, activity patterns, and relational bonds.

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A treatment aimed at relieving or healing disorders, often involving counseling or physical methods.

Neurotransmitter

A chemical substance in the nervous system that transmits signals between neurons (nerve cells) or from neurons to muscles.

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