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The Dry Springs Flood Control District has applied for a federal grant to eliminate a persisting flooding problem. Six alternatives are under evaluation A social

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The Dry Springs Flood Control District has applied for a federal grant to eliminate a persisting flooding problem. Six alternatives are under evaluation A social discount rate of 5% is recommended. The life of each alternative is estimated in 50 years and no salvage value is expected. Use benefit cost analysis to select the best alternative

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