$11,000,000 per yeur. Take a Load Off manugement has set a minimum acceptable rete of return of 105 . a. Determine the cqual snnual net cash flows hom aperating the hotel. Present Yalue of an Annuity of $1 at Compound Interest c. Which of the fallowing statements is comet regarding this patential praject? a. They should build the hotel because the present value of the hotels operating cash flows exceeds the construction custs. b. They should build the hotel because the prasent value of the hotels aperating cash flows bi less than the corstruction costs. c. They should build the hotel because the present valua of the hotels operating cash flows is equal to the construction costs. d. They should not build the hotal becsuse the net present value is negstive