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Consider how Pine Valley, a popular ski resort, could use capital budgeting to decido whether the $8 million Brook Park Lodge expansion would be a

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Consider how Pine Valley, a popular ski resort, could use capital budgeting to decido whether the \$8 million Brook Park Lodge expansion would be a good investment. (Click the icon to view the expansion estimales.) (Click the ison to view the present value annulty factor table.) (Click the icon to view the future value annuly factor table.) icon to view the present value factor table.) (Click the icon to yiew the future value factor thbile.) Read the teguirements: Requirement 1. What is the projecis NPV? Is the investment attractive? Why or why not? Calculate the net present value of the expansion. (Round your answer to the nearest whole dolar. 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 imestment attactive? Why or why not? 2. Aswume the expansion has no residual value. What is the peojects NPV? is the investrent sall atractive? Why or why not

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