Refer to the data given in the preceding problem. Required: 1. Prepare a net-present-value analysis of the

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Refer to the data given in the preceding problem.

Required:

1. Prepare a net-present-value analysis of the proposed long runway.

2. Should the County Board of Representatives approve the runway?

3. Which of the data used in the analysis are likely to be most uncertain? Least uncertain? Why?

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