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You are offered the chance to participate in a project that produces the following cash flows: co +$6,700 C1 +$4,850 C2 -$14,400 The internal rate
You are offered the chance to participate in a project that produces the following cash flows: co +$6,700 C1 +$4,850 C2 -$14,400 The internal rate of return is 14.8%. a. If the opportunity cost of capital is 14%, 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.) Answer is complete but not entirely correct. Net present value (1,677.19) b. Will you accept the offer? Yes
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