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An investment of $700,000 is expected to generate the following cash flows: Year 1$200,000Year 2$200,000Year 3$100,000Year 4$200,000Year 5$100,000 What is the investment's payback period?

An investment of $700,000 is expected to generate the following cash flows:

Year 1$200,000Year 2$200,000Year 3$100,000Year 4$200,000Year 5$100,000

What is the investment's payback period?

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