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A project has the following cash flows set out below. What is the payback period of this project? Enter your final answer to two decimal
A project has the following cash flows set out below. What is the payback period of this project? Enter your final answer to two decimal places.
Year | Cash flow |
0 | -1,325 |
1 | 2,607 |
2 | 2,607 |
3 | 2,607 |
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