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Hamilton Control Systems wi nvest $52,000 in a temporary project that will generate the following cash inflows for the next three years. Use Appendix B.

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Hamilton Control Systems wi nvest $52,000 in a temporary project that will generate the following cash inflows for the next three years. Use Appendix B. Year Cash flow 17,000 32,000 22.000 The firm will also be required to spend $11,000 to close down the project at the end of the three years. (a) Compute the net present value if the cost of capital is 9 percent. (Round "PV Factor" to 3 decimal places. Round your answer to the nearest dollar amount. Negative amount should be indicated by a minus sign. Omit the sign in your response.) Net present value (b) Should the investment be undertaken? Yes No

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