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Score: 0 of 1 pt 1 of 8 (1 complete HW Score: 0%, 0 of 8 pts P11-1 (similar to) Question Help (Related to Checkpoint

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Score: 0 of 1 pt 1 of 8 (1 complete HW Score: 0%, 0 of 8 pts P11-1 (similar to) Question Help (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 require an initial cash ouday of $6,000,000 and would generate annual net cash inflows of $1,100,000 per year for 9 years. Calculate the project's NPV using a discount rate of 5 percent. of the discount rate is 5 percent, then the project's NPV is $. (Round to the nearest dofar.) Enter your answer in the answer box and then click Check Answer Clear AB Check A wascripudo sercise: so $

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