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4. What is the payback period for the following cash flows: today, - $6,000; end of year one, + $3,000; end of year two, +

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4. What is the payback period for the following cash flows: today, - $6,000; end of year one, + $3,000; end of year two, + $1,300; end of year three, + $5,000. A) 3 years B) 2 years C) 2.34 years D) 2.9 years E) 1 year

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