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Project Skynyrd has an initial investment of $100,000 and projects the following cash flows: Year 1 = $25,000 Year 2 = $35,000 Year 3 =

Project Skynyrd has an initial investment of $100,000 and projects the following cash flows: Year 1 = $25,000 Year 2 = $35,000 Year 3 = $45,000 What is the payback period for Project Skynyrd?

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