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A project has the following cash flows: Year CF 0 -$200 1 +$80 2 +$80 3 +$80 4 +$80 What is the (straight) payback period

A project has the following cash flows:

Year CF

0 -$200

1 +$80

2 +$80

3 +$80

4 +$80

What is the (straight) payback period if the OCC is 11%?

3.1 years
2.5 years
Never pays back
3.5 years

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