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answer in detail please Question Help Consider how Fint Valley, a popular ski resort, could use capital budgeting to decide whether the 59 million Blizzard

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Question Help Consider how Fint Valley, a popular ski resort, could use capital budgeting to decide whether the 59 million Blizzard Park Lodge expansion would be a good investment (Click the icon to view the expansion estimates) Click the icon to view the present value annuly factor table) Click the icon to view the present value factor table) Click the icon to view the future value annuity factor table) (Click the icon to view the future value factor table.) Read the recents Requirements. What is the projects NPV? Is the investment attractive? Why or why non? Calculate the net present value of the expansion (Round your answer to the marest whole dolar. Une parenthes or a minus sign for a negative not present at.) Net present alue of expansion Is the investment atractive? Why? The expansion is project because its NPV is Requirement 2. Assume the expansion has no residual value. What is the project's NPV? is the investment still attractive? Why or why not? Calculate the projects PPV. (Round your answer to the nearest whole ofar Use parentheses era minus sign for a negative net procent value) Net present value of expansion Is the investment attractive? Why? Without a residual value the expansion because of the projects NPV. Enter any number in the edit fields and then continue to the next question 2 X i Data Table Assume that Flint Valley's managers developed the following estimates concerning a planned expansion to its Blizzard Park Lodge (all numbers assumed): 159 Number of additional skiers per day..... 119 Average number of days per year that weather conditions allow skiing at Flint Valley.. Useful life of expansion (in years) 10 Average cash spent by each skier per day..........$ 247 Average variable cost of serving each skier per day . $ 140 Cost of expansion.. $ 9,000,000 Discount rate..... 10% Assume that Flint Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $750,000 at the end of its ten-year life. It has already calculated the average annual net cash inflow per year to be $2,024,547. Print Done LTON

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