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Canadian Pacific is considering a project that has an initial cash outflow of $1,185 and expected cash inflows of $500 in years 1,2,and 4. What

Canadian Pacific is considering a project that has an initial cash outflow of $1,185 and expected cash inflows of $500 in years 1,2,and 4. What is the projects payback? Your answer should be between 2.15 and 2.90 years. PLEASE round 2 decimal places

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