Assume the cash flows are conventional if the required


An investment under consideration has a payback of six years and a cost of $882,000. Assume the cash flows are conventional.

If the required return is 12 percent, what is the worst-case NPV? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places, e.g., 32.16.)

Worst-case NPV $

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Financial Management: Assume the cash flows are conventional if the required
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