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Based on the benefit-cost ratio (BCR) rule, should a project with the following cash flows be accepted if the discount rate is 8%? Year Cash
Based on the benefit-cost ratio (BCR) rule, should a project with the following cash flows be accepted if the discount rate is 8%? Year Cash Flow 0 -$18,600 1 $10,000 2 $7,300 3 $3,700 Why or why not?
Select one: a. Yes; because the BCR is 1.129. b. Yes; because the BCR is .0992. c. No; because the BCR is 1.129. d. No; because the BCR is 0.992.
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