Question: Question 48 (of 50) 48 100 points Problem 8-12 Problems with IRR LO 3] Howell Petroleum, Inc, is trying to evaluate a generation project with
Question 48 (of 50) 48 100 points Problem 8-12 Problems with IRR LO 3] Howell Petroleum, Inc, is trying to evaluate a generation project with the following cash flows Cash Flow -$31,000,000 48,000,000 -7,000,000 2 Required: (a) If the company requires a 10 percent return on its investments, what is the NPV of the project? (D not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) NPV (b) Compute the IRR for this project. (Do not round intermediate calculations. Enter the pos value in the first answer box, and the negative value in the second answer box. Enter answers as a percentage rounded to 2 decimal places (e.g., 32.16)) Internal rate of return nternal rate of return
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