Assume a firm in the surface mining industry has major assets consisting solely of cash, equipment, and a closed facility, yet the firm appears to have extraordinary value. This value is least apt to be attributable to the: Multiple Choice

a) potential sale of the firm.

b) low exercise price held by the shareholders.

c) option to open the facility when prices rise dramatically.

d) current operating cash flow.

e) option to keep the facility closed for an extended period of time.