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x1=140 x2= 10% please step by step in Question(3): A power plant is being considered in the dead sea location. For an initial investment of
x1=140
in Question(3): 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 years 6-20. 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 x2% per year? c. Using an equivalency technique (FW, PW, or AW), MARR is x2% per year, would you recommend investing in this project x2= 10%
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