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Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows. If the company requires a return of 12 percent
Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows. If the company requires a return of 12 percent on its investments, what is the project's NPV? What are the IRRs for the project? \begin{tabular}{|lcc|} \hline Year 0 & $ & (45,000,000) \\ Year 1 & $ & 71,000,000 \\ Year 2 & $ & (15,000,000) \\ Required return & & 12% \\ \hline \end{tabular} Complete the following analysis. Do not hard code values in your calculations. Use a "Guess" of .99 to calculate the higher IRR and -.99 to calculate the lower IRR. You must use the built-in Excel functions to answer this
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