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Your Turn 6-3: One design for new windmill complex costs $9 million to construct, will produce $15 million worth of power, and will require $2
Your Turn 6-3: One design for new windmill complex costs $9 million to construct, will produce $15 million worth of power, and will require $2 million in operating and maintenance costs. A second design will cost $6 million to construct, produce $10 million worth of power, and will require $2 million in operating and maintenance costs. Find the net benefits, benefit/cost ratio, and percentage rate of return on each of these two projects. Project 1: net benefits = benefit/cost ratio = rate of return= Project 2: net benefits = benefit/cost ratio = rate of return= Which option is best according to each measure
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