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Research, Policy and Practice

Table 4 Sensitivity analysis of the benefit–cost ratio and internal rate of return

From: Economics of Yak herding in the Kanchenjunga landscape of the Eastern Himalayas

Scenarios

PV of benefits

PV of cost

Benefit–cost ratio

IRR

Scenario I

12,718,772

(110,598)

13,933,605

(121,162)

0.91

3.05

Scenario II

12,866,085

(111,879)

13,933,605

(121,162)

0.92

3.29

Scenario III

13,385,558

(116,396)

13,933,605

(121,162)

0.96

4.14

Scenario IV

12,718,772

(110,598)

11,449,414

(99,560)

1.11

6.91

Scenario V

15,202,962

(132,200)

11,449,414

(99,560)

1.32

10.44