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A project has the following cash flows: -983 in year 0, 2,712 in year 1, 1,025 in year 2, and 1,972 in year 3. What

A project has the following cash flows: -983 in year 0, 2,712 in year 1, 1,025 in year 2, and 1,972 in year 3. What is the Payback Period of the project? Give an answer in terms of years rounded to two decimal places.

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