5

(NPV with varying required rates of retum) Gubanich 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 free cash inflows of 51,100,000 per year for 7 years. Calculate the project's NPV given a. A required rate of return of 9 percent b. A required rate of retum of 11 percent c. A required rate of return of 14 percent d. A required rate of rotum of 16 percent a. If the required rate of return is 9 percent, the project's NPV is $(Round to the nearest dollar) b. If the required rate of retum is 15 percent, the project's NPV is $(Round to the nearest dollar) c. If the required rate of retum is 14 percent, the project's NPV is $(Round to the nearest dollar) d. It the required rate of retum is 16 percent, the project's NPV is $ (Round to the nearest dollar)