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The Silversword Company is considering an investment with a cost today of $1,500,000 and which will produce the following net inflows: Year 1: $600,000 Year

The Silversword Company is considering an investment with a cost today of $1,500,000 and which will produce the following net inflows:

Year 1: $600,000

Year 2: $300,000

Year 3: $20,000

Year 4: $400,000

Year 5: $500,000

What is the Payback Period for the investment?

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