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A project manager is using the payback method to make the final decision on which project to undertake. The company has a 1 0 %

A project manager is using the payback method to make the final decision on which project to undertake. The company has a 10% required rate of return and expects a 3% rate of inflation for the following four years. What is the non-discounted payback of a project that has cash flows as shown in the table?
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