This Question: 6 pts 1 of 46 (8 complete) THIS Test 100 pis pos E Question Help n et cash flows of $95.000 per year for the next ten years Dention Music is considering investing $675 000 in private lesson studies that will have no real value The studios are expected to rest in an Assuming that Denton Music uses a 12 hurdle rate, what is the nel present value (NPV) of the studio investment is this a favorable investment? Click the icon to view the present value of an annuity table) Click the con to view the rest valuable) Click the icon to view the future value of annuty table Bicick the icon to view the future value table) Round your awer to the nearest whole or Use parentheses a sign for a negativne present value The net present value of the studio investment is s 101.546) Since the NPV is negative the studio investment does not provide Denton Musics minimum required rate of retum Therefore, the investment is not favorable