1.- For a combined cycle investment project, ACME Gas, S.A., is considering the following information: Computer data:

Capacity 500 MW

plant factor 85%

Efficiency 56%

Operating costs

Fuel cost: US$4.5/MMBtu

Operation and maintenance 5.0 US$/MWh

Sales

Sale of energy 55.0 US$/MWh

Financial Model

Unit cost of the equipment 950.0 US$/kW

bank investment

amount 70%

Interest 8.0% per year

annual compounding

Number of years 25

company investment

amount 30%

Number of years 25

Taxes

Tax 30%

straight-line depreciation

For this case, obtain the Benefit/Cost ratio, and the expected internal rate of investment.

2.- It analyzes the effect produced on investment results by increasing the company's investment to 50%, limiting the participation of banks to 50%. Comment on the result after comparing it with the one obtained in the previous exercise.