Question
Calculate the conventional and modified benefit- cost ratios for the following project. Required first costs $1,500,000 Annual benefits to users $500,000 Annual disbenefits to users
Calculate the conventional and modified benefit- cost ratios for the following project.
Required first costs $1,500,000
Annual benefits to users $500,000
Annual disbenefits to users $25,000
Annual cost to government $180,000
Project life 40 years Interest rate 4%
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Economics of Money Banking and Financial Markets
Authors: Frederic S. Mishkin
12th edition
134733821, 134733827, 9780134734507 , 978-0134733821
