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You are offered the chance to participate in a project that produces the following cash flows: C1 C2 + $ 5,700 + $ 4,350 -

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You are offered the chance to participate in a project that produces the following cash flows: C1 C2 + $ 5,700 + $ 4,350 - $ 12,400 The internal rate of return is 14.2%. a. If the opportunity cost of capital is 13%, 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.)

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