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A project requires a cash outflow of -$1000 today. Incoming cash flows are forecast to be $500 after one year, $500 after two years, and
A project requires a cash outflow of -$1000 today. Incoming cash flows are forecast to be $500 after one year, $500 after two years, and $500 after three years.
What is the payback period in years?
Enter a 0 if not enough information is given to calculate the answer.
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