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Use the following infarmation to answer the question(t) below. Rearden Meials is considering opening a stip- mining operafon to provide some of the raw matorials

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Use the following infarmation to answer the question(t) below. Rearden Meials is considering opening a stip- mining operafon to provide some of the raw matorials needed in producing Rearden metal. The inkial purchase of the land and the associated costs of opering ip mining operations will cost $100 million today. The mine is expected. 10 generabe $16 milion worth of ore per year for the nexd 12 years. Al the end of the 12 th year Rearden will need to spend $20 million to restore the tand to ins orighal pustine nalure appearance. One of the iRRs for Roardin's mining operason is dosest to: A. 72.0% B. 0% C. 10.6% b. 124%

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