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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 $ 5,500,000 and
Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of $ 5,500,000 and would generate annual net cash inflows of $1,200,000 per year for 77 years. Calculate the project's NPV using a discount rate of 77 percent.If the discount rate is 77 percent, then the project's NPV is ?
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