(Related to Checkpoint 11.1) (Net present value calculation) Dowling Sportswoar is considering builsing a new...
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(Related to Checkpoint 11.1) (Net present value calculation) Dowling Sportswoar is considering builsing a new Iactory lo produce aluminum basoball bats. This projec would require an initial cash outlay of $4,000,000 and would gecerale ancual net cash imflows of 5900,000 per year for 7 years. Calculate the projects NPV iring a discount rate of 8 percent. If the discount rate is 8 percent, then the projecti NPY is 5 (Round to the nearest dollat)
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