(NPV with varying required rates of return) 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 $1,000,000 per year for 6 years. Calculate the project's NPV given:

a. A required rate of return of 8 percent

b. A required rate of return of 11 percent

c. A required rate of return of 14 percent

d. A required rate of return of 16 percent

(NPV with varying required rates of retum) Gubanich Sportswear is considering building a new factory to produce aluminum baseball bats. This project would requife an initiat cash oullay of $6,000,000 and would generate aninual free cash inflows of $1,000,000 per year for 6 years. Calculate the projocts NPV given: a. A required rate of retum of 8 percent b. A required rate of return of 11 percent c. A required rate of retum of 14 percent d. A required rate of retum of 16 percent a. If the required rate of return is 8 percent, the project's NPV is $ (Round to the nearest dollar.)