Question 1 Not complete Marked out of 15.00 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 $(39,330) Operation Year 1 13,000 Year 2 23,000 15,000 Salvage Year 3 0 a. Using a discount rate of 10 percent, determine the net present value of the investment proposal. b. Determine the proposal's internal rate of return. (Refer to Appendix 24B if you use the table approach.) Hint: You will need to use a trial- and-error approach. Round to the nearest percent. (Example: 0.15268 = 15%) %