QUESTION 1 The government of Botswana has established a letsibogo dam project. Besides using the water domestic purposes, the water will also be used for generation of electric power, provision of flood control, irrigation and recreation benefits. The estimated benefits and costs expected from the two alternatives under construction are listed in the following table Project A (Bwp) Initial Cost 250000 Operating and maintenance costs 30000 Power sales/year 30000 Flood control savings 35000 Irrigation benefits 45000 Recreation benefits 20000 If the interest rate is 10% and the life of the project is estimated to be 40years, using the B/C ratio, determine if the government should invest in this project. (10marks)