You are offered the chance to participate in a project that produces the following cash flows:

	C0					C1					C2
	+	$	5,100			+	$	4,050				$	11,200

The internal rate of return is 13.7%.

If the opportunity cost of capital is 11%, 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.)

Will you accept the offer?

• Yes

• No