The state department of interior doi must ensure the, Business Economics

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The state department of interior doi must ensure the

The state Department of Interior (DOI) must ensure the continued quality of the environment. The state Budget Department has informed the DOI that its budget for the next fiscal year will be between $2.0M and $2.25M for environmental proposals. Which of the proposals listed below should be funded?

(a) Rank using IRR.

(b) Rank using benefit/cost ratios calculated at an interest rate of 10%.

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