Question: Bohrer Mining, Inc., is trying to evaluate a project with the following cash flows: Year Cash Flow 0 $ 38,900,000 1 62,900,000 2 11,900,000 a-1.

Bohrer Mining, Inc., is trying to evaluate a project with the following cash flows:
Year Cash Flow
0 $ 38,900,000
1 62,900,000
2 11,900,000
a-1. What is the NPV for the project if the company requires a return of 11 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b.

This project has two IRRs, namely ______ percent and ____ percent, in order from smallest to largest. (Note: If you can only compute one IRR value, you should input that amount into both answer boxes in order to obtain some credit.) (Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

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