Question: Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows : Year Cash Flow 0 $ 39,500,000 1- $

Light Sweet Petroleum, Inc., 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-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.)

a-2 Should the firm accept this project? No Yes

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 in the same box

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