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Consider a project that requires an initial investment of $506, pays $107 one year from today (at t=1), pays $205 two years from today (at

Consider a project that requires an initial investment of $506, pays $107 one year from today (at t=1), pays $205 two years from today (at t=2), and pays $355 three years from today (at t=3). Rounded an accurate to three decimal places, what is the payback period for this project?

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