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Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year' Cash Flow 0 1 38,300,000 62,300,000 2

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Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year' Cash Flow 0 1 38,300,000 62,300,000 2 - 11,300,000 a-1 What is the NPV for the project if the company requires a return of 11 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV a-2 Should the company accept this project? Yes No percent, in order b. This project has two IRR's, namely percent and 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.) (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., 32.16.)

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