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Ch. 9, Problem 21, p. 317 Seaside Corporation is considering beginning drilling operations in three separate fields. Seaside decides to analyze these fields using a

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Ch. 9, Problem 21, p. 317 Seaside Corporation is considering beginning drilling operations in three separate fields. Seaside decides to analyze these fields using a discount rate of The estimated cash flows for each field are as follows: (a) Calculate net present value of each field. NPV (label information used, perform calculations in cells, and cell reference your final answer here) (b) Calculate the profitability index of each field. PI (label information used, perform calculations in cells, and cell reference your final answer here) (c) Determine the internal rate of return of each field. IRR (label information used, perform calculations in cells, and cell reference your final answer here) (d) Based on what you have calculated, rank the fields from best investment to worst

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