Implementation Flexibility of Multiperiod Rail Line Design with Consideration of Uncertainties in Population Distribution

Table 6

Average IRR of the rail transit line project with respect to different growth factor of the total population over years.

Average growth factor	Average IRR in each year (%)
	Year = 1	Year = 2	Year= 3
0.2	2.4%	7.3%	8.5%
0.3	2.6	7.9	13.8
0.4	2.8%	12.8%	14.9%