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Two public investment alternatives are available: Al and A 2 . Their respective total benefits, costs, and first costs are given in present worth as

Two public investment alternatives are available: Al and A2. Their respective total benefits, costs, and first costs are given in present worth as follows:Present WorthProposalsAlA2$400$700$100$300C$100$200These alternatives have the same service life. Assuming that there is no do-nothing alternative, which project would you select, calculating on the basis of the benefit-cost ratio on incremental investment (BCi)?(10 points)

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