Question: 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

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

  

YearCash Flow
0%u2013$39,200,000
163,200,000
2%u201312,200,000

  

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-2Should 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))

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