(Related to Checkpoint 11.1) (Net present value calculation) Dowling Sportswear is considening building a new...
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(Related to Checkpoint 11.1) (Net present value calculation) Dowling Sportswear is considening building a new faclory to produce aluminum baseball bats. This pioject would require an initial cash outlay of 54,000,000 and would generate annual net cash infloes of $900,000 per year for 7 years Calculate the projeci's NPV using a discourt rate of 8 percent If the discount rate is 8 percent then the projects Nov is 1 (Round to the nearest dollar.)
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