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1) What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places. (e.g., 32.16)) Year Cash Flow

1) What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places. (e.g., 32.16)) Year Cash Flow 0 $ 4,500 1 1,050 2 1,250 3 2,150 4 1,150

Payback period years?

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