Light sweet petroleum, inc., is trying to evaluate a generation project with cash flows:. year Cash Flow
0 -38,600,000
1 62,600,000
2 - 11,600,000
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 company accept this project?
A. Yes
B. Nο
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.) (A negative answer should be indicated by a minus sign.

a-1. NPV for the project is $8,381,576.17

a-2. A. Yes. Accept the Project.

b.  40.84 % and  40.84 %

Explanation:

The Net Present Value can be determined using a Financial Calculator as follows :

-38,600,000    CFj

62,600,000    CFj

- 11,600,000     CFj

11 %                   I/YR      

Shift NPV        $8,381,576.17        

A Company should accept projects that have a positive Net Present Value.Therefore, Accept this project.

Calculation of the Internal Rate of Return using a Financial Calculator :

-38,600,000    CFj

62,600,000    CFj

- 11,600,000     CFj

Shift IRR           40.84 %

c. It played a major role in changing the perception of art and breaking all of the rules.

Explanation:

As in the Dada movement many ready made objects, basically which are available in the market are displayed as a form of art.

This is done after the world war 1.

Accordingly it influenced in the market the importance of art, that it can not be compared with simple machine made objects, as it requires special efforts and quality in making those art beautiful.

Not everyone is an artist, and those who are shall be respected enough and that the art forms shall be recognized with pride.