Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows:
What is the NPV for the project if the company requires a return of 12 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
a-2Should the firm accept this project?
This project has two IRR’s, namely ?percent and 37.46 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.) (Negative amount should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))
I need the first IRR the other one is correct.