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You have the chance to participate in a project that produces the following cash flows: Co -4,000 Cash Flows ($) C1 5,000 C2 -11,000

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You have the chance to participate in a project that produces the following cash flows: Co -4,000 Cash Flows ($) C1 5,000 C2 -11,000 a. The internal rate of return is 14.72 %. If the opportunity cost of capital is 10%, what is the NPV of the project? (A negative answer 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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