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Consider the following investment project with a required return of 10 percent: Year Cash Flows 0 -51,087 1 14,161 2 14,841 3 14,253 4 13,931

Consider the following investment project with a required return of 10 percent: Year Cash Flows 0 -51,087 1 14,161 2 14,841 3 14,253 4 13,931 What is the payback period for this project?

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