An integrated, combined cycle power plant produces 295 MW of electricity by gasifying coal. The capital investment for the plant is $510 million, spread evenly over two years. The operating life of the plant is expected to be 20 years. Additionally, the plant will operate at full capacity 73% of the time (downtime is 27% of any given year). The MARR is 9% per year. a. If this plant will make a profit of two cents per kilowatt-hour of electricity sold to the power grid, what is the simple payback period of the plant? Is it a low-risk venture? b. What is the IRR for the plant? Is it profitable? a. The simple payback period of the plant is years. (Round up to one decimal place.) It's a venture. b. The IRR for the plant is %. (Round to one decimal place.) The plant is 7