Financial Class Mini-project (200-word limit) Finance Class: Assume that you currently own a 100-room 3-star hotel with 5 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. Make sure to think about the cash flows being significantly lower over the next year due to COVID-19. Provide an answer in about 200 words, and explain all calculations thoroughly. If you go well over the 200-word limit, it may not be able to accept your submission. Remember that you can talk with others about general concepts, but you need to submit your own work. If two submissions appear to be too similar, both submissions may receive a zero, and further disciplinary action may result, including failing the class and/or being reported to the Office of Student Conduct. 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. Remember to submit your mini-project at least 24 hours before it closes, in case you have any difficulty submitting it. Extensions cannot be granted for short internet/GauchoSpace outages.
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