next nine years. Assuming that Woodsy Music uses an 8% hurcle rate, what is the net present value (NPV) of the stidio investment? is this a faverabie investmane? (Cick the icon to view the present value of an annuly table.) (Cick the icon to vew the presoet value tabin) (Click the icon to view the future value of an annuity table.) (Cick the iarn to view the future yaun lable) (Round your answer to the nearest whole dollar Uise pernntheses or me minut sign for a mogatve net prenent valie) The fet present vatue of the shudio investritert is Reference Reference Reference Reference