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will upvote if correct Score: 0 of 1 pt 1 of 9...

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Finance

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Score: 0 of 1 pt 1 of 9 (1 complete) HW Score: 0%, 0 of 9 pts X P11-1 (similar to) Question Help (Related to Checkpoint 11.1) (Net present value calculation) Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of $6,000,000 and would generate annual net cash inflows of $1,200,000 per year for 6 years. Calculate the project's NPV using a discount rate of 7 percent. If the discount rate is 7 percent, then the project's NPV is $. (Round to the nearest dollar)

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