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please show steps as well as answer You are offered the chance to participate in a project that produces the following cash flows: +$7,000 +$5,000

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You are offered the chance to participate in a project that produces the following cash flows: +$7,000 +$5,000 -$15,000 The internal rate of return is 15.0%. a. If the opportunity cost of capital is 13%, what is the net present value of the project? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Net present value b. Will you accept the offer? Yes No

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