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The spreadsheet below is a hypothetical example of two proposed uses for a coastal area. The coral reef area will either be protected or mined.
The spreadsheet below is a hypothetical example of two proposed uses for a coastal area. The coral reef area will either be protected or mined. A set of costs and benefits is given for a year period. a Calculate the net benefit and cost for each period.b Discount the net benefit for each period into the current period at a discount rate of and c Calculate the projects net present value of total net benefits at the discount rate of and d Which project you would like to choose under the two discount rates? Why?
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