Question 3 1 pts Your firm is presented with an opportunity to purchase a ski lodge today for $2.4 million. In one year, the lodge will generate cash of $200,000 if it was a good snow season and $120,000 if it was a bad snow season. These amounts will both grow by 2% each year (so in year 2, if snow is good, you receive $ 204,000; bad, $122,400). Each year, the chance of good snow is 75%. Your firm would run this lodge forever. The required rate of return is 12%. What is the NPV of purchasing the ski lodge? -$600,000 -$300,000 -$50,000 $50,000 $300,000 $600,000