Building factory to produce aluminum baseball bats

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Reference no: EM131927546

Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of ?$5,000,000 and would generate annual net cash inflows of ?$1,000,000 per year for 8 years. Calculate the? project's NPV using a discount rate of 9 percent. If the discount rate is 9 ?percent, then the? project's NPV is ?$. ?(Round to the nearest? dollar.)

Reference no: EM131927546

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Building factory to produce aluminum baseball bats : Dowling Sportswear is considering building factory to produce aluminum baseball bats. Calculate the? project's NPV using a discount rate of 9 percent.

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