City Council member Connie Jefferson has proposed a new basketball facility. The basketball facility would provide the city with $300,000 in net cash flow rent, etc.) and would cost $1,500,000. The city's Planning Department normally uses a 10% discount rate when evaluating capital projects. Should the city council adopt Jefferson's proposal if the project has a 10 year life? Why or why not?

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The Answer of City Council member Connie Jefferson has proposed a new basketball facility. The basketball facility would provide the city with $300,000 in net cash flow rent, etc.) and would cost $1,500,000. The city's Planning Department normally uses a 10% discount rate when evaluating capital projects. Should the city council adopt Jefferson's proposal if the project has a 10 year life? Why or why not?

City Council Member Connie Jefferson Has Proposed a New Basketball