Question
1. Light Sweet Petroleum, Inc, is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 $45,000,000 1 71,000,000 2
1. Light Sweet Petroleum, Inc, is trying to evaluate a generation project with the following
cash flows:
Year
Cash Flow
0
$45,000,000
1
71,000,000
2
15,000,000
Calculate IRR(s) of the project? If the company requires a return of 12 percent on its investments, should it accept this project? Why?
PLEASE SHOW EXEL SHEET FORMULA
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
