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The Mayor of a city is evaluating two transportation projects Project A and Project B . Project A The present value of the benefits expected

The Mayor of a city is evaluating two transportation projects Project A and Project B. Project A The present
value of the benefits expected from the project is $40,00,000. The present value of costs is $20,00,000. Project
B The present value of benefit expected from the project is $60,00,000. The present value of costs is
$20,00,000. Calculate the benefit-cost ratio and evaluate which project should be undertaken.

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