Business
Business, 30.11.2019 00:31, Amariahploiee

Toll road is being considered as a replacement for the current road linking purdue and chicago. investment costs of the structure are estimated to be $18,500,000, and $320,000 per year in operating and maintenance costs are anticipated. in addition, the road must be resurfaced every fifth year of its 30-year projected life at a cost of $1,200,000 per occurrence (no resurfacing cost in year 30 and the initial resurfacing of the road is included in the $17,500,000). revenues generated from the toll are anticipated to be $2,500,000. assuming zero market (salvage) value for the bridge at the end of 30 years and a marr of 10% per year, what is the conventional b-c ratio for this project? (round to two decimal places)

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Toll road is being considered as a replacement for the current road linking purdue and chicago. inve...

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