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Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 -$41,500,00 1 64,500,000 2 -16,500,000 a)

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

Year Cash Flow
0 -$41,500,00
1 64,500,000
2 -16,500,000

a) If the company requires a 9 percent return on its investments, what is the NPV of the project?

b) Compute the IRRs for this project.

Internal rate of Return?

Internal rate of Return?

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