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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