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1.A project has an initial cost of $2,600. The cash inflows are $300, $500, $900, and $700 for Years 1 to 4, respectively. What is

1.A project has an initial cost of $2,600. The cash inflows are $300, $500, $900, and $700 for Years 1 to 4, respectively. What is the payback period?

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