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

Year	Cash Flow
0	$	39,300,000
1		63,300,000
2		12,300,000

a-1.	What is the NPV for the project if the company requires a return of 12 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

a-2.	Should the firm accept this project?
	No Yes

b.	(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.)

This project has two IRR's, namely	not attempted	percent and	38.47selected 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.)