You are offered the chance to participate in a project that produces the following cash flows: Co C C +$ 6,500 +$ 4,750 -$ 14,000 The internal rate of return is 14.7%. a. If the opportunity cost of capital is 14%, 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. Net present value b. Will you accept the offer? O Yes No

You are offered the chance to participate in a project that produces the following cash flows: The internal rate of return is 14.7%. a. If the opportunity cost of capital is 14%, 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. Net present value b. WIII you accept the offer? Yes No