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Consider how Sun Valley Lodge could use capital budgeting to decide whether a $ 1 4 , 0 0 0 , 0 0 0 lodge

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Consider how Sun Valley Lodge could use capital budgeting to decide whether a $14,000,000 lodge expansion would be a good investment. Assume Sun Valley Lodge's managers developed th following estimates concerning the expansion:
View the estimates.
View the additional information.
What is the project's NPV (round to nearest dollar)? Is the investment attractive? Why or why not?
View the Present Value of $1 table.
View the Present Value of Ordinary Annuity of $1 table.
Calculate the net present value of the expansion. (Enter the factor to three decimal places,
X.XXX. Round your calculations to the nearest whole dollar.)
\table[[Years,,\table[[Net Cash],[Inflow]],\table[[Annuity PV Factor],[)=14%,n=(12
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