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Light Sweet Petroleum, Inc., is trying to evaluate a project with the following cash flows . If the company requires a 12% return on its
Light Sweet Petroleum, Inc., is trying to evaluate a project with the following cash flows . If the company requires a 12% return on its investments, should they accept this project? Compute the IRR for this project. Based on your results, should the company accept this project? Cash Flow 0 $39,000,000 1 $63,000,000 2 -$12,000,000 Year No, because there is more than 1 IRR. Yes, because the IRR is greater than the required rate of return Yes, because the NPV is positive & the IRR is greater than the required rate of return. O Yes, because the NPV is positive. No, because the answers for the NPV and the IRR don't match
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