Now the city council has a plan to update, there are two plans for this, while the related the cost and benefit are listed in the below table. It is expected this update can enable the function for 30 years. Please choose the best one based on the Net Present Value of these three plans. The interest rate sets at 4%. Plan A Plan B Plan C One-time update cost $5,000,000 $3,000,000 $4,000,000 Yearly maintenance $500,000 $600,000 $400,000 Yearly increased income from the update $1,000,000 $900,000 $800,000 Value of facilities used for the next update (end of life value) $1,000,000 $800,000 $500,000 Service Life 20 years 30 years 60 years

Based on the above information, please calculate the IRR UI is pruut making of this project., where Zn Fy&. Io = alm+ im + Jm=6,1m Jo= (Bc Julit ilti)Citin 2(05-0.0) C= 0.02m Question 4 (20 Marks): Itigt 07 Flinders Street Railway Station est de puhay seduto in the corner of Flinders and Swanston Streets in Melbourne, which serves the entire metropolitan rail network. It is a heritage building as well, which has been built for more than 100 years. Now the city council has a plan to update, there are two plans for this, while the related the cost and benefit are listed in the below table. It is expected this update can enable the function for 30 years. Please choose the best one based on the Net Present Value of these three plans. The interest rate sets at 4%. 1 Plan A Plan B Plan C One-time update cost $5,000,000 $3,000,000 $4,000,000 Yearly maintenance $500,000 $600,000 $400,000 Yearly increased income from the update $1,000,000 $900,000 $800,000 Value of facilities used for the next update $1,000,000 $800,000 $500,000 (end of life value) Service Life N 20 years 30 years 60 years Question 5 (15 Marks): Based on the above information, please calculate the IRR UI is pruut making of this project., where Zn Fy&. Io = alm+ im + Jm=6,1m Jo= (Bc Julit ilti)Citin 2(05-0.0) C= 0.02m Question 4 (20 Marks): Itigt 07 Flinders Street Railway Station est de puhay seduto in the corner of Flinders and Swanston Streets in Melbourne, which serves the entire metropolitan rail network. It is a heritage building as well, which has been built for more than 100 years. Now the city council has a plan to update, there are two plans for this, while the related the cost and benefit are listed in the below table. It is expected this update can enable the function for 30 years. Please choose the best one based on the Net Present Value of these three plans. The interest rate sets at 4%. 1 Plan A Plan B Plan C One-time update cost $5,000,000 $3,000,000 $4,000,000 Yearly maintenance $500,000 $600,000 $400,000 Yearly increased income from the update $1,000,000 $900,000 $800,000 Value of facilities used for the next update $1,000,000 $800,000 $500,000 (end of life value) Service Life N 20 years 30 years 60 years Question 5 (15 Marks)