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A project has the following cash flows: Project YearCash Flow 0-$3,000 11,000 21,000 31,236.86 41,000 Its cost of capital is 10percent.What is the project's payback

A project has the following cash flows:

Project

YearCash Flow

0-$3,000

11,000

21,000

31,236.86

41,000

Its cost of capital is 10percent.What is the project's payback period?

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