Question: Refer to the RIA for the revised lead ruling discussed in Application 9.2. a. Mathematically confirm that the estimate of the Present Value of Net
Refer to the RIA for the revised lead ruling discussed in Application 9.2.
a. Mathematically confirm that the estimate of the Present Value of Net Benefits (PVNB) is approximately $5.9 billion, as stated.
b. Discuss how the PVNB would have changed if the EPA had used a social discount rate of 8 percent.
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a The appropriate calculations are shown below Year Net Benefits Discount Factor Present Value 198... View full answer
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