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Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 $ 39,000,000 1 63,000,000 2

Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows:

Year Cash Flow
0 $ 39,000,000
1 63,000,000
2 12,000,000

a

What is the NPV for the project if the company requires a 12 percent return?

NPV $

b.

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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