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23. Multiple Choice 3.58 years 3.53 years 3.88 years 3.60 years 3.76 years What is the payback period for the following set of cash flows?

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23. Multiple Choice

3.58 years
3.53 years
3.88 years
3.60 years
3.76 years

What is the payback period for the following set of cash flows? Year Cash Flow -$ 6,800 -Nmt 1,000 2,800 1,600 2,400

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