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Toll - based Financing, given the following: Cost of bridge: $ 5 0 million Annual operating & maintenance: $ 3 million Financed by taking a

Toll-based Financing, given the following: Cost of bridge: $50 million Annual operating & maintenance: $3 million Financed by taking a loan with an interest rate of 4% Expected traffic volume: 5-10 million cars/yr.Will a toll of $2 cover the annual costs of construction, operations, and maintenance?

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