Assume that the estimated one-time cost (period 0) cost for a policy option is $155,000. The benefits start from period 1 and is worth $54,900 each year onwards. (Benefits at Period 1 = $54,900; Period 2 = $54,900; Period 3 = $54,900). a. Determine the total net present value over the 3-year time period for this policy. The discount rate is given as 3%. [10 points] b. Determine the total net present value over the 3-year time period for this policy using a discount rate of 0%. [10 points] c. Which policy should be implemented? What does a 0% discount rate mean? [20 points]