Question 12 4 pts Your folks are considering refinancing their mortgage. WECU has offered a new mortgage that requires fees and points totaling $5,000 today, and will reduce their monthly payments by $120.00 per month. Your folks plan to move to a sunnier climate in 4 years, as their close friends are doing the same, so they plan to sell the house then. Assume that they can arrange the refinancing now, with the new mortgage payment occurring in one month. Also assume that they can invest their money at a rate of 2.4%, compounded monthly -- i.e., this is the opportunity cost of their savings. What is the NPV of this refinancing opportunity? (Note that you lack enough information to calculate remaining principal on these mortgages, so may ignore this difference.) Answer in dollars and cents. Do not include the $ sign