A Firm in the Mining Industry Whose Major Assets Are

Multiple Choice

A firm in the mining industry whose major assets are cash, equipment, and a closed facility may sell at a premium to the market value of its assets. This premium is most plausibly attributed to

A) nearsighted investors.
B) the low exercise price held by its shareholders.
C) the option to open the facility when prices rise dramatically.
D) all of the options are correct.