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There are multiple parts , please help P9-11 (similar to) Question Help NPV unequal lives Grady Enterprises is looking at two project opportunities for a

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P9-11 (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 $1,470,000 with cash flows over the next six years of $190,000 (year one), $220,000 (year two). $320,000 years three through five), and $1,790,000 (year six), at which point Grady plans to sell the restaurant. The sports facility has the following cash flows an initial cost of $2,460,000 with cash flows over the next four years of $420,000 (years one through three) and $2.640.000 (year four), at which point Grady plans to sell the facility. If the appropriate discount rate for the restaurant is 9.0% and the appropriate discount rate for the sports facility is 125%, 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 chango? If the appropriate discount rate for the restaurant is 90% what is the NPV of the restaurant project? $ 638,572.87 (Round to the nearest cent) If the appropriale discount rate for the sports facility is 12.5% what is the NPV of the sports facility? (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer ? 5 parts Clear All Check Answer remaining

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