Refer to the Following Two Tables

question 22

Multiple Choice

refer to the following two tables.

-Using the two tables above and a 12 percent discount rate, what would be the present value of the projects net benefits (that is, benefits minus costs) ?

• A)$43.5 million
• B)$301.8 million
• C)$100 million
• D)$400 million
• E)$71.2 million

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