Please help. Please do NOT use excel. Please do NOT show excel. Please keep handwriting neat and information organized. Please show ALL STEPS, and SHOW ALL FORMULAS.

Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows:

Year Cash Flow

0 $ 39,800,000

1 63,800,000

2 12,800,000

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.)

NPV $

a-2 Should the firm accept this project? Explain why the firm should accept or not accept the project?

No or Yes

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.)

(Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)