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Based on the following cash flows, calculate the payback period. Year CF 0 -$159 1 $16 2 $42 3 $35 4 $304 Enter your answer

Based on the following cash flows, calculate the payback period.

Year CF 0 -$159 1 $16 2 $42 3 $35 4 $304 Enter your answer rounded off to two decimal points.

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