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The Horizon Company wil invest $86,000 in a temporary project that wil generate the folowing cash inflows for the next three years. Use Appendix 8

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The Horizon Company wil invest $86,000 in a temporary project that wil generate the folowing cash inflows for the next three years. Use Appendix 8 for an approximate answer but caliauiate your tnal answer using the formula and financial csiculator methods 2 35,000 60,000 The fem will also be required to spend $11,000 to close down the project at the end of the pree yeas cost of capta is 8 percent. (Negativo anount shoud be be indicated by a minus sign De not round intermediate calculations and round your answer to 2 decimal a Conab the net present value places ) present value .Should the invesiment be undertaken? 9as

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