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Consider the following cash flows: Cash Flow -$6,200 1,800 3,500 1,600 1,300 Year 2 4 Required: What is the payback period for the above set
Consider the following cash flows: Cash Flow -$6,200 1,800 3,500 1,600 1,300 Year 2 4 Required: What is the payback period for the above set of cash flows? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Payback period years
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