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Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 0 38,200,000 1 62,200,000 211,200,000 2

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Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 0 38,200,000 1 62,200,000 211,200,000 2 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.) NPV 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.) t 1 percent, in order from smallest to largest. project has two IRR s, namely percent and (Note: If you can only compute one IRR value, you should input that amount into both answer boxes in order to obtain some credit.)

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