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You have the chance to participate in a project that produces the following cash flows: Cash Flows, $ C0 C1 C2 +5,600 +4,300 12,200 a.

You have the chance to participate in a project that produces the following cash flows: Cash Flows, $ C0 C1 C2 +5,600 +4,300 12,200 a. The internal rate of return is 14.1%. If the opportunity cost of capital is 12%, 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 $ b. Would you accept the offer? Yes No

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