You are considering a project and have estimated the following cash flows:
Year 0: CF = -41,875
Year 1: CF = 13,540
Year 2: CF = 8,758
Year 3: CF = 7,170
You require an annual return of 0.02 for projects of this risk level.
a. Calculate the NPV of this project. Round to two decimal places
b. Will you take this project? State your reason(s).