You have the chance to participate in a project that produces the following cash flows: Cash Flows, $ C0 C1 C2 +3,400 +5,600 –10,600 a. The internal rate of return is 12%. If the opportunity cost of capital is 14%, 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 $