(NOTE: ENTER YOUR ANSWER ROUNDED TO TWO DECIMAL PLACES, for instance as 2.56, not as 2.564321. Include negative sign in front of your answer if negative. Do not round intermediate calculations!) A public project consisting of a construction of an outdoor public ice rink in a public park is being considered. The project would require an initial construction cost of $1.5 million and subsequent maintenance with an estimated annual cost of $69000. The project is assumed to last 19 years. After the project is over, the facility and land will be sold to a private entertainment company for an estimated $301000. The annual benefits to the public in terms of entertainment, improved fitness, and a lower teenage crime rate are quantified at an estimated $264000 per year. Assuming 7% cost of capital calculate the MODIFIED B-C ratio of the project. Be careful to use the correct formula for computing a modified B-C ratio Answer O RSA