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eBook Problem 22-06 Management of TSC, Inc. is evaluating a new $88,000 investment with the following estimated cash flows: Year Cash Flow 1 $ 15,000

eBook Problem 22-06 Management of TSC, Inc. is evaluating a new $88,000 investment with the following estimated cash flows: Year Cash Flow 1 $ 15,000 2 33,000 3 37,000 4 61,000 The firms cost of capital is 8 percent and the project will require that the firm spend $20,000 to terminate the project. Use Appendix B to answer the question. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar. The NPV of the investment is $ . Should the firm make the investment? The firm -Select- make the investment.

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