(Related to Checkpoint 11.1) (Net present value calculation) Dowling Sportswear is considering building a new factory to produce aluminum baseball bats. This per year for 9 years. Calculate the project's NPV using a discount rate of 8 percent. if the discount rate is 8 porcent, then the project's NPV is $] (Round to the nearest dollar) s to produce aluminum baseball bats. This project would require an initial cash outlay of $6,000,000 and would generate annual net cash inflows of $1,100,000 Em (Related to Checkpoint 11.1) (Net present value calculation) Dowling Sportswear is considering building a new factory to produce aluminum base per year for 9 years. Calculate the project's NPV using a discount rate of 8 percent If the discount rate is 8 percent, then the project's NPV is $. (Round to the nearest dollar.)