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A project has the following cash flows: Year Cash Flow 0 -20,000 1 3414 2 3414 N 3 3414 4 3414 5 3414 6 3414

A project has the following cash flows: Year Cash Flow 0 -20,000 1 3414 2 3414 N 3 3414 4 3414 5 3414 6 3414 7 3414 8 3414 The payback period for this project is years

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