Suppose Extensive Enterprises

$$

s CFO is evaluating a project with the following cash inflows. She does not know the project

$$

s initial cost; however, she does know that the project

$$

s regular payback period is

$2\mathrm{.}5$

$$years$.$

Year

Cash Flow

Year

$1$

$$$

$300$

$,$

$000$

Year

$2$

$$$

$500$

$,$

$000$

Year

$3$

$$$

$425$

$,$

$000$

Year

$4$

$$$

$425$

$,$

$000$

If the project

$$

s weighted average cost of capital

$($

WACC

$)$

$$is

$8$

$\%$

$,$

$$what is its NPV