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Homework: Ch 26 (M-9) Homework Question 6, SMD-14 (book/static) Consider how Hunter Valley Snow Park Lodge could use capital budgeting to decide whether the

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Homework: Ch 26 (M-9) Homework Question 6, SMD-14 (book/static) Consider how Hunter Valley Snow Park Lodge could use capital budgeting to decide whether the $11,000,000 Snow Park Lodge expansion would be a good investment. Assume Hunter Valey's managers developed the following conceming the expansion Click the icon to view the estimates Click the icon to view additional information) HW Score: 50.87%, 4.07 points O Point 0 of 1 (Click the icon to view Present Value of $1 tab) (Click the soon to view Present Value of Ordinary Annuity of $1 table) What is the projects IRR is the investment attractive? Why or why not? The intemal rate of retum (RR) of the expension is Save

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