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Problem 5-13 Problems with IRR Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year o Cash Flow $38,000,000

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Problem 5-13 Problems with IRR Howell Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year o Cash Flow $38,000,000 62,000,000 11,000,000 1 2 a-1. What is the NPV for the project if the company requires a return of 11 percent? (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? O No Yes b. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a porcent rounded to 2 decimal places, e.g., 32.16.) This project has two IRR's, namely percent and percent, in order 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.)

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