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Bethesda Mining Company. Based on a Mini Case presented in the textbook Ross, S.A., R.W. Westerfield and J. Jaffe, Corporate Finance, McGraw Hill/Irwin, Eighth Edition. Bethesda Mining is a midsized coal mining company with 20 mines located in Ohio, Pennsylvania, West Virginia and Kentucky. The company operates deep mines as well as strip mines. Most of the coal mined is sold

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