Question: Question 2 (2 points) Saved Listen It is known that a bridge costs $10 million to build, and it will be in operation forever. In

 Question 2 (2 points) Saved Listen It is known that a
bridge costs $10 million to build, and it will be in operation

Question 2 (2 points) Saved Listen It is known that a bridge costs $10 million to build, and it will be in operation forever. In order to recover initial investment, what should the annual revenue be in this case under 10% interest rate? Paragraph BI U A Ev + v ... Presnt value= Cash flow/ intrest rate= 10 million/0.1=10000000 So annual payment=

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!