X1=120$

X2=9%

Question(4): A power plant is being considered in the dead sea location. For an initial investment of $X1 million, annual net revenues are estimated to be $15 million in years 1-5 and $20 million in years 620. Assume no residual market value for the plant. a. What is the simple payback period for the plant? b. What is the discounted payback period when the MARR is 22% per year? c. Using an equivalency technique (FW, PW, or AW), MARR is x2% per year, would you recommend investing in this project