(b) Iskandar Malaysia in Johor is planning to introduce a new set of public transit system. Thus, if the vehicle operating costs is RM 0.10/km, travellers value their time at RM 3.00/hour, and the average cost of a traffic accident is RM 25,000, what is the benefit-cost ratio? Provide your evaluation based from the outcome of the calculation. Assume an interest rate of 9% per annum. (15 Marks) (b) Iskandar Malaysia in Johor is planning to introduce a new set of public transit system. Thus, if the vehicle operating costs is RM 0.10/km, travellers value their time at RM 3.00/hour, and the average cost of a traffic accident is RM 25,000, what is the benefit-cost ratio? Provide your evaluation based from the outcome of the calculation. Assume an interest rate of 9% per annum. (15 Marks)