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Please show what formulas you used as well as steps. 13. Problems with IRR Howell Petroleum, Inc., is trying to evaluate a generation project with

Please show what formulas you used as well as steps.

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13. Problems with IRR Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows o 2 Cash Flow $65.ooo.ooo 92000.000 11,000.000 a. If the company requires a 10 percent return on its investments, should it accept this projecto Why? b. Compute the IRR for this project. How many IRRs are there? If you apply the IRR decision rule, should you accept the project or not? What's gong on here?

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