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(Related to Checkpoint 11.1) (Net present value calculation) Dowing Sportswear is considering building a new factory to produce aluminum baseball bats. This project would requare
(Related to Checkpoint 11.1) (Net present value calculation) Dowing Sportswear is considering building a new factory to produce aluminum baseball bats. This project would requare an intial cash outay $6,000,000 and would generate annual net cash infows of $1,200,000 peryear for 9 years. Calculate the profec's NPV using a discount rate of 7 percent. Whe discourt rate is 7 percent, then the proied's NPY is 33 (Found to the nearest dolaf)
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