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The cash inflows and (outflows) associated with a project are as follows: Initial Cost, Year 0: $120,000 Cash flow year one: $40,000 Cash flow year

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The cash inflows and (outflows) associated with a project are as follows: Initial Cost, Year 0: $120,000 Cash flow year one: $40,000 Cash flow year two: $50,000 Cash flow year three: $60,000 What would be the payback period for this project

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