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You are offered the chance to participate in a project that produces the following cash flows: The internal rate of return is 13.6%. If the

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You are offered the chance to participate in a project that produces the following cash flows: 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.) Net present value $ Will you accept the offer? Yes No

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