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A project has the following cash flows: Year Project Cash Flow lo -$3,000 11 $1,000 2 $1,000 3 $1,417.49 4 $1000 Its cost of capital

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A project has the following cash flows: Year Project Cash Flow lo -$3,000 11 $1,000 2 $1,000 3 $1,417.49 4 $1000 Its cost of capital is 10 percent. What is the project's payback period

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