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...

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 8 percent.

If the discount rate is 8 percent, then the project's NPV is $_____.

(Round to the nearest dollar.)

Jun 09, 2022

Get Answer To This Question