Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 –$ 39,500,000

1-63,500,000

2–12,500,000

a-1 What is the NPV for the project if the company requires a return of 11 percent?

$ a-2 Should the firm accept this project? No Yes b.

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.)