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

Year Cash Flow

0 $ 52,000,000

1 74,000,000

2 12,000,000

a-1. What is the NPV for the project if the company requires a 12 percent return? (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? multiple choice Yes/No

b. This project has two IRR's, namely ___ percent and blank 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.) (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.)