Offered the chance to participate in a project

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You are offered the chance to participate in a project that produces the following cash flows: C0 C1 C2 + $ 5,800 + $ 4,400 − $ 12,600 The internal rate of return is 14.3%. 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.)

Reference no: EM131068844

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