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You have the chance to participate in a project that produces the following cash flows: Cash Flows, $ C 0 C 1 C 2 +4,600

You have the chance to participate in a project that produces the following cash flows:

Cash Flows, $
C0 C1 C2
+4,600 +4,400 10,800

a.

The internal rate of return is 13%. If the opportunity cost of capital is 8%, what is the NPV of the project? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)

NPV $

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