Question 1 Not complete Marked out of 1.00 P Flag question 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 flows: Initial Investment 5(39,330) Operation Year 1 13.000 Year 2 23,000 Year 3 15,000 Salvage a. Using a discount rate of 10 percent, determine the net present value of the investment proposal. $ 0 b. Determine the proposals internal rate of return (Refer to Appendix 25B if you use the table approach.) Round to the nearest percent. (Example: 0.15268 - 15%) Check