S$09-23$ Payback and NPV LO$1,2]$

An investment under consideration has a payback of seven years and a cost of

$$745,000.$ Assume the cash flows are conventional.

If the required return is $11$ percent, what is the worst$-$case NPV$?($A negative

answer should be indicated by a minus sign. Round your answer to $2$

decimal places, e$.$g$.,32\mathrm{.}16.)$

Worst$-$case NPV