Research Article

Optimal Discount Rates for Government Projects

Table 5

Discount rates at which the budget cost equals the economic cost.

𝑆 𝑅 𝐷 1 𝑅 𝐷 2 𝑅 𝐷 3 𝑅 𝐷 4 𝑋 𝐺

−1.00NA1.22731.20000.752.10
−0.50NA1.21431.18420.751.95
0.00NA1.20001.16670.751.80
0.50NA1.18421.14710.751.65
1.00NA1.16671.12500.751.50
1.50NA1.14711.10000.751.35
2.00NA1.12501.07140.751.20
2.50NA1.10001.03850.751.05
3.00NA1.07141.00000.750.90