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(Related to Checkpoint 11.1) (Net present value cakculation) Dowing Sportswear is considering building a new factory to produce aluminum baseball bots. This projpct would require

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(Related to Checkpoint 11.1) (Net present value cakculation) Dowing Sportswear is considering building a new factory to produce aluminum baseball bots. This projpct would require an kinial cash oullay of $6,000,000 and would generate annaal net cash hillows of $900,000 per year for 9 years. Calculato the projecfs NpP using it dscount rede of 7 percent II the diccount tate is 7 percent then the prosects NiN is 1. (Round to the nearest dollat)

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