Question: Problem 7-15 Problems with IRR Bohrer Mining, Inc., is trying to evaluate a project with the following cash flows: Year. Cash Flow 0 $ 39,600,000

Problem 7-15 Problems with IRR Bohrer Mining, Inc., is trying to evaluate a project with the following cash flows:

Year. Cash Flow

0 $ 39,600,000

1 63,600,000

2 12,600,000

a-1. What is the NPV for the project if the company requires a return of 12 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?

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