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A project has an initial cost of $10,000 and cash inflows of $2,000, $4,000, $6,000, and $2,000 a year over the next four years, respectively.

A project has an initial cost of $10,000 and cash inflows of $2,000, $4,000, $6,000, and $2,000 a year over the next four years, respectively. What is the payback period?

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