I want to make sure that part b is correct especially since there could be two IRR. I got 42.21% using Excel

10 points eBook Print :- Should the rm accept this project? C} No 0 Yes h.{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.1 32.16.] This project has two IRR's, namely __ 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.) Corporate Finance Homework #03 Question 7 Year Cashflow O -38200000 62200000 2 -11200000 Cost of capital 0.12 Equation for NPV Equation for NPV NPV = (C6,C4:C5)+C3 a-1 answer NPV $8,407,142.86 Explanation & Rational Acceptance Rational NPV is positive; accept the project! YES a-2 answer Acceptance Yes Equation IRR Equation for IRR IRR = (C3:6) b IRR 42.210%