Bohrer Mining, Inc., is trying to evaluate a project with the following cash flows:

Year Cash Flow

0 ($ 39,800,000)

1 63,800,000

2 (-12,800,000)

What is the NPV for the project if the company requires a return of 11 percent? (D not round intermediate calculations and round your answer to 2 decimal place e.g., 32.16.)

NPV $ 7,288,710.33

a-2. Should the firm accept this project?

Accept

This project has two IRRs, namely (ANSWER) percent and (ANSWER) 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 sig percent rounded to 2 decimal places, e.g., 32.16.)