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Consider how Hope Valley, a popular ski resort, could use copital budgeting to decide whether the $8 milion Spring Park Lodge expansion would be a

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Consider how Hope Valley, a popular ski resort, could use copital budgeting to decide whether the $8 milion Spring Park Lodge expansion would be a good irvostmont. (Click the icon to view the expaneion ertimates.) (Click the ioon to vew the present value tennify lactor table.) (Click the icon to view the present vatue facior table.) (Click the ioon to vien the future value annuly factor inble.) (Cick the icon to vice the future velue faclor table). Read the requkements Requirement 1. What is the projects NPV? is the investment attractye? Why or why not? Culculate the net preseci value of the expansion. (Round your antwer to the nearest whole dolla. Use parentheses or a minus sign for a negative net pretent value.) Net presect value of expantion Reference Reference Reference Consider how Hope Valley, a popular ski resort, oould use capital budgeting to decide whether the \$a million Spring Park Lodge expansion would be a good investment. (Click the icon to view the expansion estimates.) (Click the icon to view the present value annaity factor table.) (Click the icon to view the present value factor tatle.) (Click the icon to view the future value annuity factor table.) (Click the icon to view the future value factor table.) Requirement 1. What is the project's NPV? is the investment atiractive? 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.)

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