1. Using pertinent information from the case text, prepare a capital budgeting analysis of the wind turbine project using the payback and net present values or internal rate or return.

ffiffi$iffis&lg'i ffimqS;L Case 'l'l;*,\\sscr:ia1.io;r r;i e ase Studjt EMdTA Journal Aci:our:.i.ani-s arrd Li'inl.rnlial 1'rr:fi:ssiru:i.,}.q in illusiiress lssN 1940-204X A Green Winter: The Case 0f Proposed Jiminy Peak Mountain Resort Wind Turbine L. Barton, Pfi.D., Jo/tn I]. tl'f acArtfiu4 Pfi.D., I|CCA ll'rtctnas Unioersity of tYort/r Florida (.Iniau'sity of North Florida INTRODUCTION l)rier.r liirirbank, presitlent and (lEO r:f Jirniny Pealorver. campaigns ^ tirnc pcriocl, it cr,olvcrl into a fou r-scasorl rcsort, ot'fcri r-rg s lii i r-lg, nr o Lm tiri rr b i ln cost on the prol)osed site ol$3.9 n-rilliorr. Srrlrject tri a lavorable automat;cnlly divertcd to thc pou,er grid and sold frrr rn esrimate.l $161,000 e'.rch year. An in'rpoltrnr financial conrporre nt of tlic rvind turbine I'easibility studl', n loan of $3.3 rnillion f'r>r 10 ycars is availablc from Iirniny Pcalelceut income tex rate; Jirniny Pcek has sutticient texal;le incorrc ttt benoflt tronr any clcductior.rs lrncl crcclits that rcsult frotn chc rvind \\\\'irh r rvolltlryiclc nctr,vorli 'I'he irfcer-tax I\\tA rveigl-rre d avera.qe cost of capital is 6 percent iirr discor.rnting rhe cxpecte tl cesh florvs ol rhe projc'ct; . The rvind rLrrbinc has a 25-ycar usclLrl terminal disposal value lile rvitli crf tnctrc rhrn 60,000 prrrll'ssionrls, is thc uorld's lcacling organiz:ttion tledicutetl to crnp<.rrvering accountina and finance profcssi to drivc perbrtnance. in provicles a tlvnamic f orunr for profcisionals advance their caricrs through cerrifictl no . managerne nt accountant certification. research. prof educatirrn netrvorliirrg rdvocrrcv of rhc case analysis ouestions hiuhcst ctlricrrl protcssittnll srrtndrltls. as the lead nrernber ol siil tearn your respr:nsihilities inlbrnratir.rn bou r l plclse visi t wrvrv. i rnanc t.org. complction thc studl tl-rc proposcd turbine project n arc sr.rpervisc rccomrncndirtion lir:riny pcah milnagclnenr on rvhcthcr ro ir-rstall rvind rurbine. aclclress clie lollorving questions proviclc ar-rcl opinion u jirniny pcak sholrld proceed rvith purchase arnd irrstallatiou rhe lvincl rr-rrbine clearlv stirte rn rrssurnptions use cl aclclrcssing casc qucstiol fully rcfcrctrcc any sourccs authors note: thank sanclrir rabrrrn jody ratlilf fcrr theil research contributions ar.rcl katie iiogel jiminy peali lvlourrtain rcsolt lrrr ussisrrncc. v t_ .l ztcccsscd inlormetion. using pcrtinerlt infolrnation fiom tcxt prcparo capital blrdgeting anzilysis of- turbinc pro.lccr pa-vback net prcsent. value or inrelnal rare o re tum rnodcls. idcntily xnd cvaluatc e nvirotrrleriral aclvanta.gcs .r i. tj v.ind projcct. ir o. .3>