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A project that costs $2,000 to install will provide annual cash flows of $700 for each of the next 4 years. a. Calculate the NPV

A project that costs $2,000 to install will provide annual cash flows of $700 for each of the next 4 years. a. Calculate the NPV if the opportunity cost of capital is 12%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV $ b. Is this project worth pursuing? Yes No c. What is the project's internal rate of return IRR? (Do not round intermediate calculations. Round your answer to 2 decimal places.) IRR %

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