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A project initial cost is I, the present worth of benefit is PWB, the present worth of operation and maintenance cost is PW WAM, and
A project initial cost is I, the present worth of benefit is PWB, the present worth of operation and maintenance cost is PW WAM, and the present worth of salvage value is PWS, which of the following formula is the benefit cost ratio? PWB/(I+PWO&MPWS)PWB/(I+PWO&M+PWS)PWB/(IPWO&MPWS)(PWBPWS)/(IPWO&M) Step by Step Solution
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Entrepreneurial Finance
Authors: Gary E. Gibbons, Robert D. Hisrich, Carlos Marques DaSilva
1st Edition
