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A project has the following cash flows. What is the payback period? Year Cash Flow -$14,500 2,200 4,800 6,500 0 2 3 4 3.04 years

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A project has the following cash flows. What is the payback period? Year Cash Flow -$14,500 2,200 4,800 6,500 0 2 3 4 3.04 years 2.59 years 2.96 years 3.13 years

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