Woodsy Music is considering investing 3625,000 in private lesson studios that will have no residual value. The studios are expected to result in annual net cash indows or $90,000 per year for the next nine years. Assuming that Woodsy Music uses an 8% hurdle rate, what is the net present value (NPV) of the studio investment? Is this a favorable investment? (Click the soon to view the present value of an annuity table.) (Click the icon to view the present value table (Click the icon to view the future value of an annully table) (Click the icon to view the future value table) (Round your answer to the nearest whole dolar. Use parantheses or a minut sign for a negative net present value) The nel present value of the studio investment is Since the NPV a negative the studio investment does not provide Woodoy Music's minimum required rate of return. Therefore, the investment is not favorabite - X Reference Reference VIS U UM MIS COL.L.COLL0010110001 ME PO S. 2052 0195 7156 ins ME 3567 SONS DOES 9022 972 Pre Word Ant Pro 7 ch 6% 16% 2016 Period 1 ESSONO OTTOM OS Period 1570 150 155 1886 188 189 1780 178670 167 16 1566 Peleda 254 255 265 275 27732673 257 208 209 230 2,0 2176 2106 end 3900 1000 377 36001546385231231703032 294 2756 2570 Periods 415117530 482 432 421219993731 3140 324 271 Periods S520 19 41 333 3333 672164252055902524424033812355 Pet 017057.00 521 57983730 011 Peld0 341 070 570 5155650528618304190 Wer 1829.10.163850 456 4X2 25 84756861983 1982 2014 1953 1954 1700 COL 5005304990430 100 3.3.000 Pw1 6065105554613 Pw30 05705592584870 22.000 OM 30.00 300 T0551 02 6250 Tour Virt1 18 28 133 10% 13 Period To To Tom 130 Paris 2010 2000 2000 2000 2000 2000 2000 202120 250 2.0 2200 Pied 3000 3000 309 312 313 314 328 330 331 3.00 350 3572 16 Piot 412 4123232375 4541 50 525 5015245.54 55 56 56305 Toe Pwed 6752 6300 356.63068029733677168119 85 3930 2011 7862785080 33239 100 1073 11414 11 1299 Pid 32892 328 329 110 120 13223 1420 152 Pred 9359755901501093311135797-1500 17511 ON 2015 Per 1000200622515173 212223528 25 w123002802145216 1857 2058 205873 2179 2150 128 13412 415 2014 2013 2211 PUKO 15618 728 329 on Wed 14 ISO17020522527352021 501 Period 1920 192021222320033 20 22000 22029771 2102 220310 115 Periods 2024 1024 901 M6527 ULT WE TE 20 NAS PRE 1069 08 SNES WIKISSTOOR SOCIOLO WERDEN Done Wild Print Done 1 ence Reference NE 15 1985 CISE Pentuese ads 19 24 196 5% ON 10% 123 12 1000000 SORG TOTO 090 09090 0925 0507009008570126 077 076 073 078 0 09109420915003540M 0.4 0.7510712065 064 089059 096920 688 085602230.72 0735959636512 055 056 046 d5095109060800022 0788 077 0561567 05 0.06 0417 0102 20091000 9900746 070 0530056 050 049 040 0.00 670900000083 0.750 0.53 050 045 0400 354 0314029 000 0.731 OCT 0622540040704040.35 0.3 0286 0233 890941020006450W 036 03360250022 0.19 090501210741006514050.86360.3220200220191 0102 od 11 000 022003200420-1500.3870237 018 010139 1030571302200001S 0112 13. 07/300530 0489 OM 02000200005 0.116 000 od 14087000504020002000200.1010 0015 od 15000565061041051502013501000000010088 2008X0571090037203202050189.1000000000000026 od 25 T0 061004710250230145 000 000 000 006 0010 od 07120520412023105740091000000000012 000 000 204 MOST OD 0.00 0.000000 10001 For Vue Prida 11 2% 3% 10% 165 27 100 1002 TO 160 100 120 TO TO TU Pelet 16001540 1001 100211211.61210 124 1300 1361390 140 Period 1030 1061 1090 1.180 1191 120 121 1561150 1721 wlod 4 101 1022 1125 1170121612021360 144 157416189 2014 Period 1061111121 122 123 1611129352.00 2200 24 Period 1952 1126 1194 126813401419 507 1772 1942 1953862.700 290 Period 1002 11230 1316 14 15041719 2201 25231 Period 103 192357 1369 1477 15 1851 214 205 2855 376 3758 4300 Peris 10541195 1.3051423 1551 1989 1990 2.1 272 11000 5 NO Per 101219 1. TANO 151791 219253170 4524 Period 11 111612 1354 1790 180 222 223 224 2225176175 Puert2 1.127 1252 10 1601 79 2012 3590 300 35 40 59 22 1996 Period 10 13 1281 186 2133 2720 151520 3500 Per 114 131513172 1320 221 27 IMTM 25000 Pus 161 13150 100 20N 23 1172 4171 524 336 P012201486 136 2191 250 1951 1920 PS1212 1561 2014 Period 18 19 20 3203 4225101000000 Podo 149 220032001 18010200217162972 158 TO Z 1 SONG000099 WE Print Done Print Done
