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You own a hotel and are considering adding a golf simulator for your guests to enjoy. You believe that the cost of the simulator will

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You own a hotel and are considering adding a golf simulator for your guests to enjoy. You believe that the cost of the simulator will be offset by increased rates that your hotel can charge. If you have an 8% discount rate. What is the project's NPV? Year Cash flow from the Golf Simulator 0 ($49,000) 1 28,000 2 21,000 3 16,000 O 3,836.71 O 6,452.42 O 7,631.36 O 8,784.03 O 9,549.56

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