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Consider the following cash flows: Year Cash Flow $ 7,000 2,000 4,300 1,800 1,500 3 4 What is the payback period for the cash flows?

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Consider the following cash flows: Year Cash Flow $ 7,000 2,000 4,300 1,800 1,500 3 4 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 period years

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