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An investment costs $800 and will yield the following cash flows. An investment costs $800 and will yield the following cash flows: Year Cash Flow

An investment costs $800 and will yield the following cash flows. An investment costs $800 and will yield the following cash flows: Year Cash Flow 1 $170 2 180 3 190 4 160 5 170 What is the payback period for this investment?

4.88 years

4.97 years

4.59 years

4.22 years

4.34 years

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