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B) A town can pick from two projects: Project 1 yields 595 of value right now; and Project 2 yields $100 of value in two

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B) A town can pick from two projects: Project 1 yields 595 of value right now; and Project 2 yields $100 of value in two years (but nothing now or after one year). Then, suppose the town assesses the projects using three discount rates: 0%,5% and 10%. Describe how it would decide. Explain in a couple of sentences. (You might need math formulas and estimates, but specific calculations are not key.)

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