s good investment. Consider how Star Valley, a popular ski resort, could use capital budgeting to decide whether the $9.5 million Snow Park Lodge expansion would be E (Click the icon to view the expansion estimates.) (Click the icon to view the present value factor table.) (Click the icon to view the present value annuity factor table.) (Click the icon to view the future value factor table.) E(Click the icon to view the future value annuity factor table.) Read the requirements Requirement 1. What is the project's NPV? is the investment attractive? Why or why not? Calculate the net present value of the expansion. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion $ Is the investment attractive? Why? Positive Is notattractive Is stll attractve Negative project because its NPV is The expansion is Requirement 2. Assume the expansion has no residual value. What is the project's NPV? Is the investment still attractive? Why or why not? Calculste the projects NPV. (Round your answer to the nearest whole doller. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion $ Is the investment attractive? Why? V NPV. V because of the project's Without a residual value, the expansion Is not attractive Negative or positive Is still attractive Requirements: 1.- What is the projects NPV? Is the investment attractive? Why or why not? 2.- Assume the expansion has no residual value. What is the projects NPV? Is the investment still attractive? Why or why not? Requirement 1. What is the project's NPV? Is the investment attractive? Why or why not? Calculate the n O Reference %3D Net present vVa Is the investme Future Value of Annuity of $1 The expansion 18% 18% 20% 10% 12% 14% 5% 6% 8% Periode Requirement 2 1.000 2.200 3.640 5.368 7.442 1.000 1.000 2.140 3.440 4.921 6.610 1.000 1.000 1.000 2.050 3.153 4.310 5.526 1.000 1.000 1.000 1.000 1.000 2.030 3.091 4.184 1.000 1. 1.000 2.160 2.180 2.080 3.245 4.506 5.867 2.100 2.120 2.060 2.040 2.010 3.030 2.020 Calculate the p 3.506 3.572 3.310 3.374 3.184 3.122 3.060 5.066 5.215 4.641 4.779 4.375 4.246 4.122 4.060 Net present va 7.154 6.353 6.877 6.105 5.637 5.416 5.204 5.309 5.101 9.930 12.916 16.499 7.716 8 115 10.089 12.300 14.776 17.549 8.536 8.977 9.442 6.802 8.142 9.549 7.336 8.923 10.637 6.975 6.633 7.898 9.214 10.583 6.152 6.468 Is the investme 6.308 12.142 15.327 19.086 23.521 10.730 11.414 8.394 9.487 7.662 8.892 10.159 7.434 7.214 13.233 14.240 11.435 13.579 9.897 8.286 8.583 9.755 10.950 Without a resid 8. 16.085 20.799 12.488 14.487 17.519 21.321 11.491 11.027 9.369 10.462 25.959 19.337 15.937 13.181 12.578 12.006 11.464 10 32.150 39.581 48.497 20.655 23.045 27.271 32.089 25.733 28.755 14.972 16.645 18.977 21.495 18.531 21.384 14.207 13.486 12.808 12.169 13.412 11.567 12.683 11 30.850 34.931 24.133 16.870 15.917 17.713 19.599 14.192 15.026 12 35.786 43.672 51.660 42219 24.523 28.029 16.627 18 292 20.024 18.882 21.015 23.276 15.618 17 085 18.599 14.680 13 13.809 14.947 16.097 59.196 72.035 50.818 32.393 37.280 37.581 24.215 27.152 27.975 15.974 17.293 14 60.965 43.842 31.772 21.579 15 186.688 471.981 1,181.882 767.091 1,342.025 2,360.757 4,163.213 7,343.858 115.380 146.628 72.052 91.025 181.871 45.762 57.275 98.347 164.404 33.066 47.727 36.786 29.778 41.646 25.870 36.459 47.575 22.019 28.243 24.297 32.030 40.568 60 402 20 342.603 249.214 54.865 79.058 154.762 133.334 73.106 25 790.948 356.787 530.312 241.333 113.283 66.439 56.085 34.785 48.886 30 442.593 259.057 95.026 120.800 75.401 40 Done Print Calculate ti O Reference Net present Future Value of $1 The expansion Calculate the p Net present Is the investme Without a resid 8.910 2.907 11. 974 15.407 19 461 27.393 38.330 62.669 95.39 85.850 1469.7 3.207 4.292 26 462 10 835 40.874 50.950 99 051 188.88 378.721 e5 259 Print Done 1114 222 22 234 1, 223 67899 8N8S 234 Requirement 1. What is the project's NPV? Is the investment sttrective? Why or why not? nt value.) Calculate the net present value of t O Reference Net present value of expansion $ Is the investment attractive? Why? Present Value of $1 The expansion is 0% 8% 10% 12% 14% 18% 18% 20% Pariode 1% 4% 5% Requirement 2. Assume the expar 0.990 0.980 0.971 0.962 0.952 0.943 0.925 0.909 0.893 0.877 0.925 0.907 0.890 0.915 0.889 0.864 0.340 0.794 0.862 0.847 0.833 0.857 0.826 0.7970.769 0.743 0.751 0.712 0.675 0.641 0.718 0.694 0.980 0.961 2. 0.943 Calculate the project's NPV. (Roun C.609 0.579 0.971 0.942 0.888 0.863 0.822 0.784 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 0.961 0.924 Net present value of expansion $ 0.747 0.681 0.621 0.567 0.519 0.476 0.437 | 0.402 0.951 0.905 0.942 0.888 0.837 0.933 0,871 0.923 0.853 0.789 0.790 0.813 0.760 0.711 0.731 0.677 0.410 0.354 0.370 0.335 0.746 0.705 0.630 0.564 0.507 0.456 Is the investment attractive? Why? 0.665 0.583 0.513 0.452 0.400 0.540 0.467 0.314 0279 0.266 0.677 0.627 0.914 0.8370.766 0.703 0.645 0.592 0.305 0.233 | 0.194 0.162 0.404 0.351 Without a residual value, the expar 0.361 0.308 0 263 0.386 0.322 0.270 0.227 0.191 0.225 6. 0.820 0.744 0.676 0.614 0.558 0.463 10 0.005 0.350 0.287 0.237 0.195 0.162 0.135 0.804 0.722 0.650 0.585 0.527 0.429 0.895 11 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.879 0.773 0.681 0.601 0.530 0.469 0.368 0.290 0.229 0.182 0.145 0.116 0.093 0.505 0.442 0.340 0 263 0,112 12 13 0.205 0.160 0.125 0.758 0.661 0.577 0.505 0.099 0.078 14 0.870 0.555 0.481 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 0.861 0.743 0.642 15 0.312 0.215 0.149 0.104 0.073 0.051 0.820 0.673 0.554 0.456 0.377 0.037 0.026 20 0.780 0.610 0.478 0375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 25 0.033 0.020 0.012 0.007 0.005 0.552 0412 0.308 0.231 0.174 0.099 0.057 0.672 0453 0.307 0.004 30 0.742 0 208 0.142 0.097 0.046 0.022 0.011 0.003 0.001 0.001 40 Done Print Requirement 1. What is the project's NPV? Is the investment sttractive? Why or why not? Calculate the net present value oft ent value.) Net present value of expansion $ Reference Is the investment attractive? Why? Present Value of Annuity of $1 The expansion is Periods 1% 0% 3% 10% 12% 14% 16% 0 893 0.877 0.862 2% 18% 20% Requirement 2. Assume the expar 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0909 0.847 0,833 1.566 1.528 1.942 2.884 2.829 2.775 3.902 3.808 3.717 3.630 4.853 4.713 4.580 4.452 1.913 1.886 1.859 1.833 1.783 1.736 1.690 1.647 1.605 1.970 Calculate the project's NPV. (Roun 2.673 2.577| 3.465 3.312 3.170 2.322| 2.246| 2.174 2.106 2.723 2.487 2402 2.941 2.690 2.589 3.127 2.991 2.914 2.798 3.546 4 Net present value of expansion $ 4.329 4212 3.993 3.791 3.605 3.433 3.274 Is the investment attractive? Why? 5.795 5.601 5.417 5.242 5.076 6.728 7.652 8.566 9.471 3.889 3.685 4.623 4.355 4.111 3.498 3.812 3.605 4.078 3.837 4.303 4.031 3.326 6.472 6.230 6.002 5.786 7.325 7.020 6.733 5.206 4.868 4.564 4.288 4.039 6.463 6210 7.108 6.802 6.247 7.722| 7.360 6.710 6.145 5 650 5.216 4.833 4.494 4.192 5.335 4.968 4.639 5.759 5.323 4.946 4.607 Without a residual value, the expar 5.747 4.344 8.162 7.786 7435 6. 8.983 8.530 8.111 10 9.253 8.760 8.305 6.495 5.938 5.453 5.029 6.814 7.103 7.367 6 628 6.002 5468 5.008 7.606 6.811 10.358 9.787 7.887 7.139 4.656 4.327 11 7.536 6.194 5.660 5.197 6.424 5.842| 5.342 11.255 10.575 9.954 9.385 8.863 4.793 4.910 4.439 4.533 4.611 8.384 12 12.134 11.348 10.635 9.986 9.394 7.904 8.853 13 13.004 12.106 11.296 10.563 9.899 9.295 8.244 13.855 12.849 11.938 11.118 10.380 9.712 &.559 14 6.142 5.575 5.092 15 18.046 16.351 14.877 13.590 12.462 11.47O 9.818 8.514 7.469 6.623 22.023 19.523 17.413 15.622 14.094 12.783 10.675 9.077 7.843 6.873 6.097 5.467 4.948 25.808 22.396 19.600 17.292 15.372 13.76S 11.258 9.427 8.055 7.003 6.177 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 8.244 7.105 6.233 5.548 4.997 5.929 5.353 4.870 20 25 5.517 4.979 30 40 Print Done mis Quesuon. pro Consider how Star Valley, a popular ski resort, could use capital budgeting to decide whether the $9.5 million Snow Park Lodge expansion would be a good investment. E (Click the icon to view the expansion estimates.) (Cick the icon to view the present value factor table.) (Click the icon to view the present value annuity factor table.) (Click the icon to view the future value factor table.) A(Click the icon to view the future value annuity factor table.) Read the requirements. Requirement 1. What is the project's NPV? Is the investment attractive? Why or why not? Calculate the net present value of the expansion. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion $ Is the investment attractive? Why? project because its NPV is The expansion is Requirement 2. Assume the expansion has no residual value. What is the project's NPV? Is the investment still attractive? Why or why not? Calculate the project's NPV. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion $ Is the investment attractive? Why? NPV. because of the project's Without a residual value, the expansion s good investment. Consider how Star Valley, a popular ski resort, could use capital budgeting to decide whether the $9.5 million Snow Park Lodge expansion would be E (Click the icon to view the expansion estimates.) (Click the icon to view the present value factor table.) (Click the icon to view the present value annuity factor table.) (Click the icon to view the future value factor table.) E(Click the icon to view the future value annuity factor table.) Read the requirements Requirement 1. What is the project's NPV? is the investment attractive? Why or why not? Calculate the net present value of the expansion. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion $ Is the investment attractive? Why? Positive Is notattractive Is stll attractve Negative project because its NPV is The expansion is Requirement 2. Assume the expansion has no residual value. What is the project's NPV? Is the investment still attractive? Why or why not? Calculste the projects NPV. (Round your answer to the nearest whole doller. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion $ Is the investment attractive? Why? V NPV. V because of the project's Without a residual value, the expansion Is not attractive Negative or positive Is still attractive Requirements: 1.- What is the projects NPV? Is the investment attractive? Why or why not? 2.- Assume the expansion has no residual value. What is the projects NPV? Is the investment still attractive? Why or why not? Requirement 1. What is the project's NPV? Is the investment attractive? Why or why not? Calculate the n O Reference %3D Net present vVa Is the investme Future Value of Annuity of $1 The expansion 18% 18% 20% 10% 12% 14% 5% 6% 8% Periode Requirement 2 1.000 2.200 3.640 5.368 7.442 1.000 1.000 2.140 3.440 4.921 6.610 1.000 1.000 1.000 2.050 3.153 4.310 5.526 1.000 1.000 1.000 1.000 1.000 2.030 3.091 4.184 1.000 1. 1.000 2.160 2.180 2.080 3.245 4.506 5.867 2.100 2.120 2.060 2.040 2.010 3.030 2.020 Calculate the p 3.506 3.572 3.310 3.374 3.184 3.122 3.060 5.066 5.215 4.641 4.779 4.375 4.246 4.122 4.060 Net present va 7.154 6.353 6.877 6.105 5.637 5.416 5.204 5.309 5.101 9.930 12.916 16.499 7.716 8 115 10.089 12.300 14.776 17.549 8.536 8.977 9.442 6.802 8.142 9.549 7.336 8.923 10.637 6.975 6.633 7.898 9.214 10.583 6.152 6.468 Is the investme 6.308 12.142 15.327 19.086 23.521 10.730 11.414 8.394 9.487 7.662 8.892 10.159 7.434 7.214 13.233 14.240 11.435 13.579 9.897 8.286 8.583 9.755 10.950 Without a resid 8. 16.085 20.799 12.488 14.487 17.519 21.321 11.491 11.027 9.369 10.462 25.959 19.337 15.937 13.181 12.578 12.006 11.464 10 32.150 39.581 48.497 20.655 23.045 27.271 32.089 25.733 28.755 14.972 16.645 18.977 21.495 18.531 21.384 14.207 13.486 12.808 12.169 13.412 11.567 12.683 11 30.850 34.931 24.133 16.870 15.917 17.713 19.599 14.192 15.026 12 35.786 43.672 51.660 42219 24.523 28.029 16.627 18 292 20.024 18.882 21.015 23.276 15.618 17 085 18.599 14.680 13 13.809 14.947 16.097 59.196 72.035 50.818 32.393 37.280 37.581 24.215 27.152 27.975 15.974 17.293 14 60.965 43.842 31.772 21.579 15 186.688 471.981 1,181.882 767.091 1,342.025 2,360.757 4,163.213 7,343.858 115.380 146.628 72.052 91.025 181.871 45.762 57.275 98.347 164.404 33.066 47.727 36.786 29.778 41.646 25.870 36.459 47.575 22.019 28.243 24.297 32.030 40.568 60 402 20 342.603 249.214 54.865 79.058 154.762 133.334 73.106 25 790.948 356.787 530.312 241.333 113.283 66.439 56.085 34.785 48.886 30 442.593 259.057 95.026 120.800 75.401 40 Done Print Calculate ti O Reference Net present Future Value of $1 The expansion Calculate the p Net present Is the investme Without a resid 8.910 2.907 11. 974 15.407 19 461 27.393 38.330 62.669 95.39 85.850 1469.7 3.207 4.292 26 462 10 835 40.874 50.950 99 051 188.88 378.721 e5 259 Print Done 1114 222 22 234 1, 223 67899 8N8S 234 Requirement 1. What is the project's NPV? Is the investment sttrective? Why or why not? nt value.) Calculate the net present value of t O Reference Net present value of expansion $ Is the investment attractive? Why? Present Value of $1 The expansion is 0% 8% 10% 12% 14% 18% 18% 20% Pariode 1% 4% 5% Requirement 2. Assume the expar 0.990 0.980 0.971 0.962 0.952 0.943 0.925 0.909 0.893 0.877 0.925 0.907 0.890 0.915 0.889 0.864 0.340 0.794 0.862 0.847 0.833 0.857 0.826 0.7970.769 0.743 0.751 0.712 0.675 0.641 0.718 0.694 0.980 0.961 2. 0.943 Calculate the project's NPV. (Roun C.609 0.579 0.971 0.942 0.888 0.863 0.822 0.784 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 0.961 0.924 Net present value of expansion $ 0.747 0.681 0.621 0.567 0.519 0.476 0.437 | 0.402 0.951 0.905 0.942 0.888 0.837 0.933 0,871 0.923 0.853 0.789 0.790 0.813 0.760 0.711 0.731 0.677 0.410 0.354 0.370 0.335 0.746 0.705 0.630 0.564 0.507 0.456 Is the investment attractive? Why? 0.665 0.583 0.513 0.452 0.400 0.540 0.467 0.314 0279 0.266 0.677 0.627 0.914 0.8370.766 0.703 0.645 0.592 0.305 0.233 | 0.194 0.162 0.404 0.351 Without a residual value, the expar 0.361 0.308 0 263 0.386 0.322 0.270 0.227 0.191 0.225 6. 0.820 0.744 0.676 0.614 0.558 0.463 10 0.005 0.350 0.287 0.237 0.195 0.162 0.135 0.804 0.722 0.650 0.585 0.527 0.429 0.895 11 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.879 0.773 0.681 0.601 0.530 0.469 0.368 0.290 0.229 0.182 0.145 0.116 0.093 0.505 0.442 0.340 0 263 0,112 12 13 0.205 0.160 0.125 0.758 0.661 0.577 0.505 0.099 0.078 14 0.870 0.555 0.481 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 0.861 0.743 0.642 15 0.312 0.215 0.149 0.104 0.073 0.051 0.820 0.673 0.554 0.456 0.377 0.037 0.026 20 0.780 0.610 0.478 0375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 25 0.033 0.020 0.012 0.007 0.005 0.552 0412 0.308 0.231 0.174 0.099 0.057 0.672 0453 0.307 0.004 30 0.742 0 208 0.142 0.097 0.046 0.022 0.011 0.003 0.001 0.001 40 Done Print Requirement 1. What is the project's NPV? Is the investment sttractive? Why or why not? Calculate the net present value oft ent value.) Net present value of expansion $ Reference Is the investment attractive? Why? Present Value of Annuity of $1 The expansion is Periods 1% 0% 3% 10% 12% 14% 16% 0 893 0.877 0.862 2% 18% 20% Requirement 2. Assume the expar 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0909 0.847 0,833 1.566 1.528 1.942 2.884 2.829 2.775 3.902 3.808 3.717 3.630 4.853 4.713 4.580 4.452 1.913 1.886 1.859 1.833 1.783 1.736 1.690 1.647 1.605 1.970 Calculate the project's NPV. (Roun 2.673 2.577| 3.465 3.312 3.170 2.322| 2.246| 2.174 2.106 2.723 2.487 2402 2.941 2.690 2.589 3.127 2.991 2.914 2.798 3.546 4 Net present value of expansion $ 4.329 4212 3.993 3.791 3.605 3.433 3.274 Is the investment attractive? Why? 5.795 5.601 5.417 5.242 5.076 6.728 7.652 8.566 9.471 3.889 3.685 4.623 4.355 4.111 3.498 3.812 3.605 4.078 3.837 4.303 4.031 3.326 6.472 6.230 6.002 5.786 7.325 7.020 6.733 5.206 4.868 4.564 4.288 4.039 6.463 6210 7.108 6.802 6.247 7.722| 7.360 6.710 6.145 5 650 5.216 4.833 4.494 4.192 5.335 4.968 4.639 5.759 5.323 4.946 4.607 Without a residual value, the expar 5.747 4.344 8.162 7.786 7435 6. 8.983 8.530 8.111 10 9.253 8.760 8.305 6.495 5.938 5.453 5.029 6.814 7.103 7.367 6 628 6.002 5468 5.008 7.606 6.811 10.358 9.787 7.887 7.139 4.656 4.327 11 7.536 6.194 5.660 5.197 6.424 5.842| 5.342 11.255 10.575 9.954 9.385 8.863 4.793 4.910 4.439 4.533 4.611 8.384 12 12.134 11.348 10.635 9.986 9.394 7.904 8.853 13 13.004 12.106 11.296 10.563 9.899 9.295 8.244 13.855 12.849 11.938 11.118 10.380 9.712 &.559 14 6.142 5.575 5.092 15 18.046 16.351 14.877 13.590 12.462 11.47O 9.818 8.514 7.469 6.623 22.023 19.523 17.413 15.622 14.094 12.783 10.675 9.077 7.843 6.873 6.097 5.467 4.948 25.808 22.396 19.600 17.292 15.372 13.76S 11.258 9.427 8.055 7.003 6.177 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 8.244 7.105 6.233 5.548 4.997 5.929 5.353 4.870 20 25 5.517 4.979 30 40 Print Done mis Quesuon. pro Consider how Star Valley, a popular ski resort, could use capital budgeting to decide whether the $9.5 million Snow Park Lodge expansion would be a good investment. E (Click the icon to view the expansion estimates.) (Cick the icon to view the present value factor table.) (Click the icon to view the present value annuity factor table.) (Click the icon to view the future value factor table.) A(Click the icon to view the future value annuity factor table.) Read the requirements. Requirement 1. What is the project's NPV? Is the investment attractive? Why or why not? Calculate the net present value of the expansion. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion $ Is the investment attractive? Why? project because its NPV is The expansion is Requirement 2. Assume the expansion has no residual value. What is the project's NPV? Is the investment still attractive? Why or why not? Calculate the project's NPV. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion $ Is the investment attractive? Why? NPV. because of the project's Without a residual value, the expansion