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You have the chance to participate in a project that produces the following cash flows: Cash Flows, $ C0 C1 C2 ; +5,000 +4,000 11,000

You have the chance to participate in a project that produces the following cash flows: Cash Flows, $ C0 C1 C2 ; +5,000 +4,000 11,000

a. The internal rate of return is 13%. If the opportunity cost of capital is 10%, 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.)

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