A 500 MW power plant has a capital cost of $750 million, an investment horizon of 10 years, and an MARR of 8%. It is predicted that the output from the plant will average 300 MW over the course of a year, and that electricity will be sold for $0.04/kWh. a. Calculate the annual income from electricity sales in current dollars. b. Calculate the NPV of this investment using simple payback. Is the plant financially attractive? c. Calculate the NPV of this investment using discounting, assuming that the income from electricity sales is received in a lump sum at the end of each year. Is the plant financially attractive? d. Neglecting the operating costs and return on investment, what is the levelized cost of electricity per kWhr? e. Calculate the operating credit per kWh which the government would need to give to the investment in order to make it break even financially. Express your answer to the nearest 1/1000th of dollar.