For an investment ending at time T we denote the net cash flow at time t by c; and the net rate of cashflow per unit time by p(t). The present time is t = 0 and time is measured in years. An...

Extracted text: For an investment ending at time T we denote the net cash flow at time t by c; and the net rate of cashflow per unit time by p(t). The present time is t = 0 and time is measured in years. An infrastructure fund considers the construction of a new bridge. It estimates that the project will require an initial outlay of £22.475m = £22,475,000 and a further outlay of £10m after one year (m = million). There will be an estimated inflow of toll charges of £1m per annum payable continuously for 47 years, beginning at time t = 3. Task: Measuring time in years, select all the net cash flows associated with this venture: O c_0 = -£22.475m O c_0 = £22.475m O c_1 = -£10m O c_1 = £10m O p(t) = -£1m for 0 sts 47 O p(t) = £1m for 0 sts 47 O p(t) = -£1m for 3 < 50="" o="" p(t)="£1m" for="" 3=""><>< 50="" o="" c_50="-£10m" o="" c_50="">