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Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 $ 44,500,000 1 70,500,000 2 19,500,000

Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 $ 44,500,000 1 70,500,000 2 19,500,000 If the company requires a return of 8 percent on its investments, what is the NPV of the project? Compute the IRRs for this project

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