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Consider the following cash flows: Year Cash Flow 0 $4,800 1 1,400 2 2,500 3 1,200 4 900 Required: What is the payback period for

Consider the following cash flows:

Year Cash Flow 0 $4,800 1 1,400 2 2,500 3 1,200 4 900

Required: What is the payback period for the above set of cash flows?

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