On a Particular Day, a Mining Company Reveals That, Due

question 16

Multiple Choice

On a particular day, a mining company reveals that, due to new extraction technology, the extractable yield from several of its nickel/lead mines has risen by 15%. Which of the following is the LEAST likely consequence of such an announcement?

• A) The price of the stock would rise.
• B) Investors would determine that the estimates of the firm's value on the date prior to the announcement were too high.
• C) Investors would increase their forecast of future cash flows in that firm.
• D) Investors would revise their estimates of the net present value (NPV) of the firm.

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Definitions:

Argumentative

Having a tendency to engage in or provoke argument and debate, often by presenting opposing views.

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An individual's unique manner of expressing themselves verbally or non-verbally when conveying ideas or feelings.

Interpersonal Relationships

Connections and interactions between people, which can range from personal and intimate to formal and professional.

Technology-driven Organizations

Companies or institutions that rely heavily on technological advancements and innovations to conduct business and achieve goals.