An investment under consideration has a payback of six


An investment under consideration has a payback of six years and a cost of $876,000. 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.)

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Financial Management: An investment under consideration has a payback of six
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