Also,

What is the Higher IRR?

What is Lower IRR?

17 ? X Calculating NPV and multiple IRRS - Excel PAGE LAYOUT FORMULAS DATA REVIEW - Sign In FILE HOME INSERT VIEW Paste 10 B I U. 3- A Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells - points Clipboard Font Skipped A1 E F G H I J K eBook Print Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows If the company requires a return of 12 percent on its investments, what is the project's NPV? What are the IRRs for the project? References Year o Year 1 Year 2 (45,000,000) 71,000,000 (15,000,000) Required return 12% Complete the following analysis. Do not hard code values in your calculations. Use a "Guess" of .99 to calculate the higher IRR and -99 to calculate the lower IRR. You must use the built-in Excel functions to answer this question. NPV