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Consider how Pine Valley, a popular ski resort, could use capital budgeting to decide whether the $8.5 million Autumn Park Lodge expansion would be a

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Consider how Pine Valley, a popular ski resort, could use capital budgeting to decide whether the $8.5 million Autumn Park Lodge expansion would be a good investment. (Cick the ioon to view the expansion estimates.) (Click the icon to view the present value annuity tactor table.) (Click the icon to viow the present value factor table.) (Click the icon to view the future value anmuity factor table.) (Click the icon to view the future value factor table.) Read the requirements. Requirement 1. What is the projecrs NPV? is the investment attractive? Why or why not? Calculate the net present value of the oxpansion. (Round your answor to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value Not prosent value of expansion 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? Data table Reference Reference Reference Reference

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