Gubanich 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 free cash inflows of $1,200,000 per year for 7 years. Calculate the projects NPV given:

a. the required rate of return of 9%

b. the required rate of return of 10%

c. the required rate of return of 13%

d. the required rate of return of 16%

A requind rate of teturn of 9 percent b. A iequared rate of veturtiof 10 pescert c. A vequired rale of teturn of 13 percect d. A repueded tate of mitirn ad 46 percect (Acond is the tewest ister)