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Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. The project would require an initial cash outlay of $5,500,000 and would
Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. The project would require an initial cash outlay of $5,500,000 and would generate annual net cash inflows of $900,000 per year for 7 years. Calculate the project's NPV using a discount rate of 8 percent.
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