Question 1 (70 points) construction of a brand new stadium. in fact, thee construction bid have been received for that endewvor. The following information h nrovided below. 1a. In light of the information above, compute the applicable harmonized effective rate (note: please consider that a month has four weeks). 1b. In light of the information above, compute the present value of the three construction bids. 1c. Which construction bid should be chosen