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Given a the following set of cash flows, what is the payback period? CF0: -10,227 CF1: 3,597 CF2: 4,670 CF3: 9,693 CF4: 9,824 CF5: 1,709
Given a the following set of cash flows, what is the payback period?
CF0: -10,227
CF1: 3,597
CF2: 4,670
CF3: 9,693
CF4: 9,824
CF5: 1,709
Answer with two decimals.
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