n the following set of projects from a roadway agency, determine the Minimum Attractive Rate of Return (MARR) for this agency if the agency budget is 1.85 million. Assume n=25 years for all projects listed.

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Given information on the following set of projects from a roadway agency, determine the Minimum Attractive Rate of Return (MARR) for this agency if the agency budget is 1.85 million. Assume n=25 years for all projects listed.
Present Worth of
Project
Cost (PWOC)
Annual Benefit
A
625,000
52,100
60,000
4,000
C
410,000
35,800
D
580,000
53,400
65,000
6,400
F
125,000
14,300
G
700,000
75,300
H
380,000
49,500
Transcribed Image Text:Present Worth of Project Cost (PWOC) Annual Benefit A 625,000 52,100 60,000 4,000 C 410,000 35,800 D 580,000 53,400 65,000 6,400 F 125,000 14,300 G 700,000 75,300 H 380,000 49,500
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