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From page 129... ...
129 A p p e n d i x B Equivalent annual net benefit (EANB) initializes the net present value (NPV)
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From page 130... ...
130 Guide for Conducting Benefit-Cost Analyses of Multimodal, Multijurisdictional Freight Corridor investments Example 3: Question: How does the more expensive and longer lasting strategy compare with the shorter but less expensive strategy? Solution is to compare the NPV of these two mutually exclusive options using EANB or CMPD.
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