A project that costs $2,400 to install will provide annual cash flows of $740 for each of the next 5 years.

a.	Calculate the NPV if the opportunity cost of capital is 11%? (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

%