What is the present value total benefit of the project


Problem

A project yields an annual benefit of $204 per year, starting immediately and continuing forever. This project costs $151 one year from now and $151 two years from now. The interest rate is 7 percent and there is no inflation.

• Part I: What is the present value total benefit of this project?

• Part II: What is the present value total cost of this project?

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Project Management: What is the present value total benefit of the project
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