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

  

Year	Cash Flow
0	%u2013$	39,200,000
1		63,200,000
2	%u2013	12,200,000

  

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 final answer to 2 decimal places. (e.g., 32.16))

  

NPV

$

  

a-2

Should the firm accept this project?

	Yes
	No

  

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 boxes in order to obtain some credit.) (Negative amount should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))

Answer rating: 100% (QA)

Discount Rate11 a1 NPV of the project3920000063200000... View the full answer