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You are offered the chance to participate in a project that produces the following cash flows: C 0 C 1 C 2 +$ 6,200 +$
You are offered the chance to participate in a project that produces the following cash flows:
C0 | C1 | C2 |
---|---|---|
+$ 6,200 | +$ 4,600 | $ 13,400 |
The internal rate of return is 14.5%.
If the opportunity cost of capital is 13%, what is the net present value of the project?
Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.
Will you accept the offer?
multiple choice
Yes
No
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