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Project B has a capital cot of RM 1 , 4 0 0 , 0 0 0 and a lifetime of 2 0 years. Income

Project B has a capital cot of RM1,400,000 and a lifetime of 20 years. Income for the
project will be RM200,000 per year. At the end of 20 years the project can be sold for
RM 200,000. The project's discount rate is 9%. What is the Benefit Cost Ratio for
project B. Answer to 2 decimal places.
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