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Question 9 A new project requires an initial investment of $4,000. It will produce after tax inflows of $3,800 in year 1, $1,000 in year

Question 9 A new project requires an initial investment of $4,000. It will produce after tax inflows of $3,800 in year 1, $1,000 in year 2, and $400 in year 3. How many years is the payback period? Round your answer to one decimal point

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