2nd ATTEMPT please help ! Light Sweet Petroleum, Inc., is trying to evaluate...
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Accounting
2nd ATTEMPT
please help !
Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow
0 $ 39,500,000
1 63,500,000
2 12,500,000
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 answer to 2 decimal places, e.g., 32.16.)
a-2 Should the company accept this project? multiple choice Yes Correct No
b. This project has two IRR's, namely ______ selected answer incorrect percent and ____selected answer correct 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.) (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.)
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