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Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow -$48,000,000 71,000,000 -13,000,000 1 2 a-1.

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Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow -$48,000,000 71,000,000 -13,000,000 1 2 a-1. What is the NPV for the project if the company requires a 12 percent return? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV a-2. Should the firm accept this project? Yes No This project has two IRR's, namely b. percent, in order 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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