It was calculated that a bridge will require $10 million in first costs and $0.5 milllion every year in maintenance and operating costs. CVM revealed that 2 million people identified themselves as potential bridge users. Average willingness to pay for crossing the bridge was defined as $5 with 1 million potential crossings per year. If we assume infinite time horizon for the bridge, what is the benefit-cost ratio of this project under 5% annual interest rate?

Question 34 options:

A) 1.00

B) 0.10

C) 10.00

D) 0.20

E) 5.00