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2. Calculating Payback. What is the payback period for the following set of cash flows? If you want to be paid back in 3 years,

2. Calculating Payback. What is the payback period for the following set of cash flows? If you want to be paid back in 3 years, will you accept or reject this project?

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Year 0 AWNA Cash Flow -$6,700 2,800 3,200 2,200 1,400

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