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Question 1 1 pts Consider the following investment project with a required return of 10 percent: Year Cash Flows O -54,758 1 14,584 2 14,506

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Question 1 1 pts Consider the following investment project with a required return of 10 percent: Year Cash Flows O -54,758 1 14,584 2 14,506 3 14,531 14,128 4 What is the payback period for this project? (Round your answers to 2 decimal places. (e.g., 32.16))

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