Problem 2-11 Present values A project produces a cash flow of $462 in year 1, $167 in year 2, and $827 in year 3. If the cost of capital is 11.5%, what is the project's PV? If the project requires an investment of $1,050, what is its NPV? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) * Answer is complete but not entirely correct. Present value $ 1,145.27 Net present value $ (387.80) X