Question: Problem 5-13 Problems with IRR Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 1

 Problem 5-13 Problems with IRR Howell Petroleum, Inc., is trying to
evaluate a generation project with the following cash flows: Year Cash Flow

Problem 5-13 Problems with IRR Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 1 2 38,400,000 62,400,000 - 11,400,000 0-1. What is the NPV for the project if the company requires a return of 10 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV 0- 2. Should the firm accept this project? O Yes O No b. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g. 32.16.) 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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