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(Rolated to Checkpoint 11.1) (Net present value calculation) Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require

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(Rolated to Checkpoint 11.1) (Net present value calculation) Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of 54,000,000 and would generate annual net cash inflows of 5900,000 per year for 6 years Calculate the project's NPV using a discount rate of 7 percent of the discount rate is 7 percent, then the project's NPV is $(Round to the nearest dollar)

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