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A firm is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 4 5

A firm is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 4 5 Cash flows $1,100 $400 $410 $420 $430 $440 Group of answer choices 2.97 years 3.31 years 3.87 years 2.41 years 2.69 years

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