The Bijou Theater in Hermosa Beach, California, shows vintage movies. Customers arrive at the theater line at the rate of 100 per hour. The ticket seller averages 30 seconds per….
what would it cost (per year) to build and operate a new light-rail line given the following information
A.Using the model calibrated in Problem 4.8 and other information as needed, what
would it cost (per year) to build and operate a new light-rail line given the following
Length of new line: 20 miles
Cost for right-of-way: $12,500/mile
Construction cost: $1,250,000/mile
No. of revenue vehicles needed: 15
Cost/light-rail vehicle: $2,950,000/car
Veh-miles of annual operation: 950,000 veh-miles
Average speed of operation: 18.4 mi/h.
No. of unlinked annual passengers: 21,000,000
B. What are some advantages and disadvantages of a typical AAA-rated municipal
bond yielding 6% compared to a FIDC-insured savings account yielding 6%?
C.A serial bond with a face value of $100,000 is scheduled to make annual payments
over 20 years and be self-liquidating. If yield is 8%, what is the annual payment