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A project with an initial cost of RM23,400 is expected to generate cash flows of RM5,500, RM7,600, RM8,550, RM7,450, and RM6,300 over each of the

A project with an initial cost of RM23,400 is expected to generate cash flows of RM5,500, RM7,600, RM8,550, RM7,450, and RM6,300 over each of the next five years, respectively. Calculate the project's payback period.

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