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Coolplay Corp. is thinking about opening a soccer camp in southern Califormia. To start the camp. Coolplay would need to purchase land and build four

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Coolplay Corp. is thinking about opening a soccer camp in southern Califormia. To start the camp. Coolplay would need to purchase land and build four soccer frelds and a sleeping and dining faciity to house 150 soccer players. Each year, the camp would be run for 8 sessions of 1 weekeach. The company would hire college soccer players as coaches. The camp attendees would be male and female soccer players ages 12-18. Property values in southern California have enjoyed a steady increase in value. It is expected that after using the facility for 20 years, Coolplay can sell the property for more than it was originally purchased for. The following amounts have been estimated. Click here to view the factor table. To gauge the sensitivity of the project to these estimates, assume that if only 125 players attend each week, annual cash inflows will be $837,200 and annual cash outflows will be $780,000 What is the net present value using these alternative estimates? (if the net present value is negative, use either a negative sign preceding the number eg. 45 or parentheses e . (45). Round answer to 0 decimol places, es. 125. For calculation purposes, use 5 decimol places as displayed in the foctor table provided.) Netpresent value Should the project be accepted? The project should be Coolplay Corp. is thinking about opening a soccer camp in southern Califormia. To start the camp. Coolplay would need to purchase land and build four soccer frelds and a sleeping and dining faciity to house 150 soccer players. Each year, the camp would be run for 8 sessions of 1 weekeach. The company would hire college soccer players as coaches. The camp attendees would be male and female soccer players ages 12-18. Property values in southern California have enjoyed a steady increase in value. It is expected that after using the facility for 20 years, Coolplay can sell the property for more than it was originally purchased for. The following amounts have been estimated. Click here to view the factor table. To gauge the sensitivity of the project to these estimates, assume that if only 125 players attend each week, annual cash inflows will be $837,200 and annual cash outflows will be $780,000 What is the net present value using these alternative estimates? (if the net present value is negative, use either a negative sign preceding the number eg. 45 or parentheses e . (45). Round answer to 0 decimol places, es. 125. For calculation purposes, use 5 decimol places as displayed in the foctor table provided.) Netpresent value Should the project be accepted? The project should be

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