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#2) What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 5,700 1 1,200 2 2,800 3 2,400

#2) What is the payback period for the following set of cash flows?

Year Cash Flow

0 $ 5,700

1 1,200

2 2,800

3 2,400

4 1,300

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