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A project has costs of $10 million per year for 10 years. The benefits of $30 million per year occur in years 7, 8, 9,
A project has costs of $10 million per year for 10 years. The benefits of $30 million per year occur in years 7, 8, 9, and 10. At a 4% discount rate, what is the benefit-cost ratio?
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Public Finance
Authors: Richard W. Tresch
4th Edition
0128228644, 978-0128228647
