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Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year 0 Cash Flow $38,500,000 62.500.000 - 11,500,000 1 2

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Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year 0 Cash Flow $38,500,000 62.500.000 - 11,500,000 1 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.... 3216.) NPV a- 2 Should the firm accept this project? Yes O No a- 2 Should the firm accept this project? Yes O No 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.... 3216.) This project has two IRR's, namely percent and 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.)

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