question archive Dowling Sportswear is considering building a new factory to produce aluminum baseball bats

Dowling Sportswear is considering building a new factory to produce aluminum baseball bats

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Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of ?$5 comma 000 comma 0005,000,000 and would generate annual net cash inflows of ?$1 comma 000 comma 0001,000,000 per year for 88 years. Calculate the? project's NPV using a discount rate of 99 percent.

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