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Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows: Year 0 1 Cash Flow -$ 36,500,000 54,500,000 -11,500,000 a.
Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows: Year 0 1 Cash Flow -$ 36,500,000 54,500,000 -11,500,000 a. If the company requires a return of 9 percent on its investments, what is the NPV of the project? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. Compute the IRRs for this project. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal pla 32.16. Enter the larger IRR in the first answer box and the smaller IRR in the second answer box. If you can o calculate one IRR, enter it in both boxes to receive partial credit. A negative answer should have a minus sig a. NPV b. Larger IRR Smaller IRR % %
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