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Calculate the net present value of the project. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal places, e.g.5,275.)
Net present value
$
Attempts: 1 of 1 used
(b1)
To gauge the sensitivity of the project to these estimates, assume that if only 80 campers attend each week, revenues will be $2,098,000 and expenses will be $1,876,000. What is the net present value using these alternative estimates? (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g.(45). For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal places, e.g.5,275.)
Net present value
$
EN
1
The
I'm
Pronghorn Corp. is thinking about opening a baseball camp in Florida. In order to start the camp, the company would need to purchase land, build five baseball fields, and a dormitory-type sleeping with a dining facility to house 100 players. Each year the camp would be run for 10 sessions of 1 week each. The company would hire college baseball players as coaches. The camp attendees would be baseball players age 12-18. Property values in Florida have enjoyed a steady increase in value. It is expected that after using the facility for 20 years, Pronghorn can sell the property for more than the amount for which it was originally purchased. The following amounts have been estimated:
\table[[Cost of land,$643,000
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