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An investment under consideration has a payback of seven years and a cost of $881,000. Assume the cash flows are conventional. If the required return
An investment under consideration has a payback of seven years and a cost of $881,000. Assume the cash flows are conventional. If the required return is 11 percent, what is the worst-case NPV? (Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Round your answer to 2 decimal places, e.g., 32.16.) Worst-case NPV $ -456.65 -456.65 Incorrect
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