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14 A project has the following cash flows: -566 in year 0, 2,195 in year 1, 1,815 in year 2, and 1,176 in year 3.

14 A project has the following cash flows: -566 in year 0, 2,195 in year 1, 1,815 in year 2, and 1,176 in year 3. What is the Payback Period of the project? Give an answer in terms of years rounded to two decimal places.

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