Which of the below is a correct statement regarding the benefit to cost ratio? Select one: a. Benefits and cost are not discounted, or otherwise adjusted for time value of money. in the benefit to cost ratio calculation b. Even though a conventional and modified benefit to cost ratio each typically provides a different value, they both lead to the same decision c Benefit to cost ratio must be computed using the present worth method of handling all of the relevant cash flows. d. Even though a conventional and a modified benefit to cost ratio is each computed and interpreted in a different way, they both lead to the same B-C ratio value Assume a city government contemplates a decision to construct a new harbor, capable of accommodating some of the more recent larger ship designs. Once completed and operational, many of the residents living in close proximity to the new harbor are likely to experience higher levels of noise, traffic, and air pollution outside their homes. In evaluating the project, this impact on the neighboring residential area would be best classified as Select one: a. an opportunity cost. b. a benefit. ca disbenefit d. a cost