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A proposed bridge is being considered at the cost of $2 million

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A proposed bridge is being considered at the cost of $2 million. It is expected that the bridge will last 20years. The government will pay these construction costs. Operation and maintenance costs are estimated to be $180,000 per year. Benefits to the public are estimated to be $900,000 per year. The building of the bridge will result in an estimated cost of $250,000 per year to the general public. The project requires a 10% return. Determine the B/C ratio for the project. State any assumption made about benefits or costs. Use AW Conventional B-C Ratio