Stay-In-Style Hotels' management has set a minimum acceptable rate of return of 8%. a. Determine the equal annual net cash flows from operating the hotel. Enter your answer in million. Round your answer to two decimal places. million Dracant Valua of an Annuitu of $1 at Comnnund Tntaract The sum of the present values of a series of equal " Net cash flows" to be received at fixed time intervals. Net present value of hotel project: $ million c. Does your analysis support construction of the new hotel? , because the net present value is . Feedback T Check My Work a. Subtract the total expenses less the depreciation expense from the annual revenues. c. Which is more favorable-a positive net present value or a negative net present value