Question: Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 $ 39,500,000 1 63,500,000 2 12,500,000
| Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows: |
| Year | Cash Flow |
|---|---|
| 0 | $ 39,500,000 |
| 1 | 63,500,000 |
| 2 | 12,500,000 |
A.
| 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 IRR's, 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.)
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