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You are offered the chance to participate in a project that produces the following cash flows C0 C1 C2 +5000 +4000 -11,000 The internal rate

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

C0 C1 C2

+5000 +4000 -11,000

The internal rate of return is 13.6%

If the opportunity cost of capital is 12% 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?

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