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Mutton NPV and IRR: Unequal Annual Net Cash Inflows Assume that Goodrich Petroleum Corporation is evaluating a capital expenditure proposal that has the following predicted

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Mutton NPV and IRR: Unequal Annual Net Cash Inflows Assume that Goodrich Petroleum Corporation is evaluating a capital expenditure proposal that has the following predicted cash nows Intalinvestment 50600001 Operason Yeart 12000 Year 2 95.000 Year 65.000 Using a discount rate of 10%, determine the net present value of the investment proposal b. Determine the proposals internal rate of return (Refer to Appendix 248 if you use the table approach.) Hint: You will need to use a trie-and error approach Round to the nearest percent (Example: 0.1526315%) Check

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