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The embankment can be expected to last 50 years and will require no maintenance. Whenever the flood; water flows over the embankment. $300,000 of damage

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The embankment can be expected to last 50 years and will require no maintenance. Whenever the flood; water flows over the embankment. $300,000 of damage occurs. Should the embankment be built? If so, to which of the five heights above the roadway? A 12% rate of return is required

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