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Assume a project has the following expected cash flows: Year Expected Net Cash Flow 0 ($487,500) 1 100,000 2 150,000 3 175,000 4250,000 What is

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Assume a project has the following expected cash flows: Year Expected Net Cash Flow 0 ($487,500) 1 100,000 2 150,000 3 175,000 4250,000 What is the project's payback (payback period)? (Show all calculations for full credit.)

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