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A project with an initial cost of $28,300 is expected to generate cash flows of $6,900,$9,000, $9,250, $8,150, and $7,700 over each of the next

A project with an initial cost of $28,300 is expected to generate cash flows of $6,900,$9,000, $9,250, $8,150, and $7,700 over each of the next five years, respectively. What is the project's payback period?

rev: 03_28_2019_QC_CS-162399

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