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Calculate the Payback Period for an investment project, which represents the following information: Initial Investment = $450 Cash flow first year = $325 Cash flow

Calculate the Payback Period for an investment project, which represents the following information:

Initial Investment = $450

Cash flow first year = $325

Cash flow second year = $65

Cash flow third year = $100

Options:

a) 2.2 years

b) 3.1 years

c) 2.6 years

d) 4 years

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