Consider how Hope Valley, a popular ski resort, could use capital budgeting to decide whether the $9 million Snow Park Lodge expansion would be a good investment. (Click the icon to view the expansion estimates.) (Click the icon to view the present value annuity 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 requirements. Requirement 1. What is the project's NPV? Is the investment attractive? Why or why not? Calculate the net present value of the expansion. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion Data table Present Value of Annuity of \$1 Requirements 1. What is the project's NPV? Is the investment attractive? Why or why not? 2. Assume the expansion has no residual value. What is the project's NPV? is the investment still attractive? Why or why not? Reference Euakum Ifalan af A minitha ne ed Finturn Valun of \$1 Consider how Hope Valley, a popular ski resort, could use capital budgeting to decide whether the $9 million Snow Park Lodge expansion would be a good investment (Click the icon to view the expansion estimates) (Click the icon to view the present value annuity 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 requirements Requirement 1. What is the project's NPV? Is the investment attractive? Why or why not? Calculate the net present value of the expansion. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value, Net present value of expansion Data table Requirements 1. What is the project's NPV? is the investment attractive? Why or why not? 2. Assume the expansion has no residual value What is the project's NPV? is the investment still attractive? Why or why not? Present Value of Annuity of $1 Reference Eutwen Malun af Ammith af es Finture Value of $1