Peter J Wilcoxen > PAI 789 Advanced Policy Analysis

Dome Renovations

Renovations to the Carrier Dome will cost about $118 million. Suppose that the upgrades all have a useful life of 30 years, and that the University uses an 8% interest rate in present value calculations.

  1. Please draw an appropriate cash flow diagram and calculate the annual levelized cost of the upgrade to the nearest $100,000.
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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 01/20/2020