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Question 1 2p The NSW Government is building a new airport in Western Sydney. The airport will take 6 years to build and require $1.5

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Question 1 2p The NSW Government is building a new airport in Western Sydney. The airport will take 6 years to build and require $1.5 billion in outlays at the end of each of those years. The airport is expected to produce revenue of $2 billion in years 7 and 8 and then $3.5 billion per annum in perpetuity from year onwards. What is the value of this investment now to the NSW Government i the cost of capitalis 11% pa. compounded annually! None of the options 59 4203 59.2921 bilion

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