Question: Consider how Pine Valley, a popular ski resort, could use capital budgeting to decide whether the $8.5 million Blizzard Park Lodge expansion would be

Consider how Pine Valley, a popular ski resort, could use capital budgeting to decide whether the $8.5 million Blizzard Park Lodge expansion would be a good investment. (Click the icon to view the expansion estimates.) (Click the icon to view the present value annuity factor table.) (Click the icon to view the future value annuity factor table.) Read the requirements. (Click the icon to view the present value factor table.) (Click the icon to view the future value factor table.) Requirement 1. What is the project's NPV? Is the investment attractive? Why or why not? Calculate the net present value of the expansion. (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative net present value.) Net present value of expansion 2288810.96

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