Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 $ 38,900,000 year one 62,900,000 year two 11,900,000

a-1 What is the NPV for the project if the company requires a return of 11 percent? (NVP=8,108,359.71)

a-2 Should the firm accept this project? Yes 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.) (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)