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MidAmerican uses natural gas to produce electricity. Natural gas is priced at $8.31 for 1,000,000 BTUs. This produces 293.071 kilo-Watt-hours (kWh) of electricity which Mid-American
MidAmerican uses natural gas to produce electricity. Natural gas is priced at $8.31 for 1,000,000 BTUs. This produces 293.071 kilo-Watt-hours (kWh) of electricity which Mid-American sells for an average price of $0.055 per kilo-Watt-hour. MidAmerican's required return is 12%. Assuming there are no other coasts, what is MidAmerican's return for producing electricity with Natural Gas? Group of answer choices 193.97%. 73.19%. 48.45%. 93.97%
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