Consider the following cash flows: Year -Cash Flow 0-$5,800 11,700 23,100 31,500 41,200 What is the payback
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Question:
Consider the following cash flows:
Year -Cash Flow
0-$5,800
11,700
23,100
31,500
41,200
What is the payback period for the cash flows?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Payback periodyears
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