Assume that you currently own a 50-room 2-star hotel with 10 years remaining on the lease. Estimate costs, payments made by guests, and the annual discount rate. (Note: Do not be too specific on individual costs and benefits. General categories will do.) We have not spent a lot of time dealing with finding discount rates, and so you do not need to be too detailed in your estimate (Note: the that the discount rate in the context of this course is different from that in the Federal Reserve context). Make sure to think about the cash flows being significantly lower in Year 1 (and maybe beyond) due to COVID-19. Calculate the Net Present Value of the hotel for the remainder of the lease. Provide an answer in about 200 words, and explain all calculations thoroughly. If you go well over the 200-word limit, GauchoSpace may not be able to accept your submission.
An “A” level submission will thoroughly explain assumptions and calculations well, will be nearly free of grammar, punctuation, and word choice errors, and will be well thought out and cohesive in the arguments provided. Students will receive lower scores if these directions are not adequately followed. You should provide some evidence for the numbers you use in your calculations.
Lebron James (LeBron Raymone James Sr.) is one of the most well known ball players now, and now and then considered the best b-ball player on the planet. He won the National Basketball Association (NBA) Most Valuable Player Award multiple times, three NBA Finals MVP Player grants, and two Olympic gold decorations. James has additionally been in 15 NBA All-Star Games and was the MVP All-Star MVP multiple times. This is only a short rundown of his achievements, as he has ruled the game since his adolescent years. Despite the fact that individuals know him as a remarkable b-ball player, this paper will unveil data about his private life and what venture he proceeded to turn into an expert b-ball player. He was conceived in 1984, December 30, in Akron, Ohio. His mom, Gloria Marie James, was 16 years of age at the hour of his introduction to the world, while his dad, Anthony McClelland, has a criminal record and was absent in his initial life and now. As a single parent, Gloria, moved from condo to loft, winding up in Akron. She battled to get a steady line of work. In the long run, stressed over LeBron's childhood, she carried him to live with a nearby football trainer named Frank Walker. LeBron was nine years of age at the time, and the Walker acquainted b-ball with him (Sharp, Anne Wallace). When he was in the fifth grade, LeBron was playing in a sorted out b-ball group. Specifically, he played for the Northwest Ohio Shooting Stars for the Amatuer Athletic Union. He made solid bonds with partners Sian Cotton, Dru Joyce III, and Willie McGee. They had a great deal of progress at the nearby and national level while being in the group, and they concluded they would all go to a similar secondary school to stay as a group. Dubiously, the four understudies decided to go to St. Vincent–St. Mary High School, which principally was a white school, while LeBron and his companions were dark (Nichols, Rachel). Clearly LeBron was a characteristic, as even as a first year recruit, he commanded the secondary school circuit. In his first year, he found the middle value of 21 focuses and 6 bounce back per game. The St. Vincent–St. Mary High School's group, The Fighting Irish, went undefeated in the season, 27–0. This made another record for the primary secondary school young men b-ball group in Ohio to go undefeated in a season. After this first year, Lebron was a sensation, and went into his sophomore a star. He didn't frustrate the fans, with 25.2 focuses and 7.2 bounce back with 5.8 helps and 3.8 takes per game. For certain games, greater settings must be reserved to suit the measure of individuals who needed to watch the rounds of the group. NBA scouts were at that point taking a sharp notification of LeBron. That year, the group went 26–1, and LeBron was named "Ohio Mr. Ball" and was picked for the USA Today All-USA First Team. He was the primary secondary school sophomore to do as such (NBA.com: Prospect Profile: LeBron James). Prior to entering his lesser year of secondary school, LeBron was getting a ton of press. He was included in the American b-ball magazine Slam on the spread, and was designated, "the best secondary school b-ball player in America at the present time" ("Ohio Player"). LeBron likewise turned into the main secondary school ball underclassmen to show up on the front of Sports Illustrated. His lesser year was fantastic also, with a normal of 29 focuses, 8.3 bounce back, 5.7 helps, and 3.3 takes per game. Once more, he was delegated "Ohio Mr. Ball" and chose for the USA Today All-USA First Team. Also, he turned into the principal junior ever to be named male b-ball Gatorade National Player of the Year. Notwithstanding, his group didn't work out quite as well as in the past two years, with a record of 23–4 (Sharp, Anne Wallace). This was a troublesome time for him, as he was getting a great deal of media consideration and he didn't have the foggiest idea how to manage it appropriately. He began to utilize marjuana as an enemy of stress instrument. To add to the tension, he needed to enter the NBA draft early, yet the NBA would not influence the standards for him, and he needed to contend in his senior year so as to enter the NBA. Only a side note: LeBron additionally played football through his first year recruit to junior year, and furthermore delivered a decent record ("LeBron's Book Shows Struggle With Fame"). His midpoints kept on making gains, with his senior year finishing off at 1.6 focuses, 9.6 bounce back, 4.6 helps, and 3.4 takes per game. LeBron and the Fighting Irish played against numerous national groups, and a few games were even broadcast as pay-per-see games because of LeBron's popularity. For another record, Lebron was named "Ohio Mr. Ball" and chose for the USA Today All-USA First Team for the third year straight. Once more, he was named Gatorade National Player of the Year. He took part in many year's end rivalries for secondary school and authoritatively entered the NBA draft. There were a few issues during his senior year, however, with run-ins with the law. His mom gave him an endowment of a Hummer through an advance dependent on his suitability as a future NBA player. This was against the standards of the Ohio High School Athletic Association, however he was in the long run freed from all bad behavior. Moreover, he acknowledged endowments from fans who needed him to model for pictures with them. He was suspended for two games for this, yet made an astounding rebound in the game after the suspension, scoring a secondary school profession high of 52 focuses (Bolch, Ben). In the 2003 NBA Draft, he was the primary in general pick. His old neighborhood group, the Cleveland Cavaliers, picked him. What's more, the choice appeared to be a strong one: in his first NBA game, he scored 25 focuses against the Sacramento Kings, which set a precedent for the most focuses scored by a prep-to-expert player ("Expectations for James More than Met"). The rest, you can say, is history. LeBron James may be the best b-ball player ever, if not the most gifted. Originating from a mother without quite a bit of a home to give, he discovered wings in the home of a football trainer. He played football and b-ball all through his school days, yet exceeded expectations most in b-ball. Before the finish of his first year in secondary school, he was at that point a nearby and even national star. What's more, when he was a sophomore, it was clear he would have been in the NBA. Through some legitimate issues, issues at home, and media consideration, LeBron found the quality and center to play as well as could be expected and turned into a worldwide sensation in sports history. Works Cited Sharp, Anne Wallace. LeBron James. Lucent Books, 2008. Nichols, Rachel. "LeBron James Opens up on His New School, the Lakers and Life's Challenges." ESPN, ESPN Internet Ventures, 30 July 2018, www.espn.com/nba/story/_/id/24194051/lebron-james-examines opening-state funded school-akron-move-los-angeles-lakers-nba. NBA.com: Prospect Profile: LeBron James, www.nba.com/draft2003/profiles/JamesLeBron.html. "Ohio Player." SLAM, 30 Dec. 2014, www.slamonline.com/nba/ohio-player-lebron-james-first/.>GET ANSWER