Score: 0 of 1 pt HW Score: 75%, 6 of 8 ple p9-11 (similar to) Question Help NPV unexual lives Gay Enterprise to project opportuntes de pace of land the company cuently owns. The first project is a result, and the second proyectis a sports facity The projected cash row of the resiana.cond of 1.600,000 wth cash for the year 200.000 per me 270.000 year wel 500,000 years tegend S770,000) which poutny plans to sell the restaurant. The sports facity to the following whow cost $2.10.00 with cash flow over the next four years of $170,000 (swt) $2,300,000 year for which poutady plans to tacity Wihe appeared.count rate for the ris 110 and the predictate for the sports facility 115 settemme weich ady should choose the pace and Adjust The propriate contattare is to she NPV other? sound to the rest.com) Enter your answer to the cache 6 part ma o SOM P9 (similar to) Question Help NPV unequal lives. Grady Enterprises is looking at two project opportunities for a parcel of land the company currently owns. The first project is a restaurant, and the second project is a sports facility. The projected cash flow of the restaurant is an initial cost of $1,600,000 with cash flows over the next six years of $200,000 [year one) $270,000 (year two), $330,000 (years three through five), and $1,770,000 (year six), at which point Grady plans to sell the restaurant. The sports facility has the following cash flows an initial cost of $2,310,000 with cash flows over the next four years of S370,000 (years one through three) and 53,360,000 (year four), at which point Grady plans to sell the facility, the appropriate discount rate for the restaurant is 11 0% and the appropriate discount rate for the sports facility is 11.5%, use the NPV to determine which project Grady should choose for the parcel of land. Adjust the NPV for unequal lives with the equivalent annual annuity. Does the decision change? # the appropriate discount rate for the restaurant is 11.0%, what is the NPV of the restaurant project? s(Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer 6 parts remaining CA