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Hamilton Control Systems will invest $60,000 in a temporary project that will generate the following cash inflows: Year 1 2 3 Cash Flow $20,000 33,000

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Hamilton Control Systems will invest $60,000 in a temporary project that will generate the following cash inflows: Year 1 2 3 Cash Flow $20,000 33,000 30,000 The firm will also be required to spend $15.000 to close the project at the end of the three years a. Compute the net present Value if the cost of capital is 9 percent. (Do not round intermediate calculations. Round the final answer to the nearest whole dollar. Negative answer should be indicated by a minus sign. Omit $ sign in your response.) NPV b. Should the investment be undertaken? Yes No

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