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Suppose that a project I undertake saves 3 lives a

Question : Suppose that a project I undertake saves 3 lives a : 5391

Suppose that a project I undertake saves 3 lives a year for 5 years, and that I have a statistical

value of life of $5 million. What is the PDV of the benefit of this project, in terms of lives saved?

[Use a discount rate of 7%]

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