Question: Please use the numbers in red Question(3): A power plant is being considered in the dead sea location. For an initial investment of $100 million,

 Please use the numbers in red Question(3): A power plant is

Please use the numbers in red

Question(3): A power plant is being considered in the dead sea location. For an initial investment of $100 million, annual net revenues are estimated to be $15 million in years 15 and $20 million in years 620. Assume no residual market value for the plant. a. What is the simple payback period for the plant? b. What is the discounted payback period when the MARR is 8% per year? c. Using an equivalency technique (FW, PW, or AW), MARR is 8% per year, would you recommend investing in this project

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