A B C D Cost Year 1 Year 2 Base Worst Best - $ $ (350,000,000.00) $ (100,000,000.00) $ $ (450,000,000.00) $ (150,000,000.00) $ $ (300,000,000.00) $ E F Year 4 G Year 5 Year 3 50,000,000.00 $ 150,000,000.00 $ 250,000,000.00 $ 400,000,000.00 $ 100,000,000.00 $ 200,000,000.00 $ 350,000,000.00 100,000,000.00 $ 200,000,000.00 $ 300,000,000.00 $ 450,000,000.00 WACC O ENPV IRR PI Payback B Period Discounted Payback Period 5 Base 10.15% Worst Best $ 129,237,724.93 | $ (159,593,748.50) $ 413,463,233.53