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Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of 6 0 0

Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of 600,000 and would generate annual net cash inflows of 1,200,000 per year for 6 years. Calculate the projects NPV using a discount rate of 5 percent. If the discount rate is 5 percent, then the project NPV is what?

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