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A project has the following cash flows. What is the payback period? Year Cash Flow 0 , - $ 6 5 , 0 0 0

A project has the following cash flows. What is the payback period?
Year Cash Flow
0,-$65,000
130,000
2,25,000
3,15,000
4,10,000
2.67 years
2.33 years
None of the answers is correct
3.00 years
3.33 years
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