It was calculated that a bridge will require $10 million in first costs and $0.5 million 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 4 options 10.0 5.00 ? 1.00 0.10 ? 0.20 Save Question 5 (1 point) Which of the following statements is correct? Question 5 options C Inflation rate is the opportunity cost of money C Inflation rate is given by the CPI CPI is the average price of a fixed basket of consumer goods and services relative to base year C Inflation is a measure of changes in relative prices C Inflation increases the purchasing power of money Save Question 6 (1 point) You can accumulate $10,000 in five years at 10% real interest rate. Now assume that there is a 5% annual inflation during that period. By how much the value of your $10,000 decreases in terms of todays dollars? Question 6 options: C $3,164.8 C $2,164.7 ? $1,550.0 0 $1,344.1 C $500.00