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Canadian Pacific is considering a project that has an initial cash outflow of $1, 245, and expected cash inflows of $500 in years 1, 2,

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Canadian Pacific is considering a project that has an initial cash outflow of $1, 245, and expected cash inflows of $500 in years 1, 2, and 3. What is the project's payback? Your answer should be between 2.15 and 2.90 years, rounded to 2 decimal places, with no special characters

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