Calculate the? project npv using a discount

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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.

Reference no: EM132817926

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