Question: 1 A small bridge project is being set up by Bridge Tech Corp to connect six islands in the Florida are now only accessible by
1 A small bridge project is being set up by Bridge Tech Corp to connect six islands in the Florida are now only accessible by boat. Bridge Tech Corp will turn over their bridges to Monroe County in five years. $12,000,000. The project will be operational in one year. Once operational, Bridge Teck will receive $3,000,000 annually from Sunpass instead of charging tolls. Sunpass will keep the difference of the tolls charged. Bridge Tech has a 6% cost of capital. Calculate NPV Keys that In return, Monroe County is prepaying them $ 4,000,000. The construction cost of the project is
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