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There is a project with the following cash flows : Year Cash Flow 0 $24,050 1 6,500 2 7,600 3 8,550 4 7,450 5 6,100

There is a project with the following cash flows :

Year Cash Flow
0 $24,050
1 6,500
2 7,600
3 8,550
4 7,450
5 6,100

What is the payback period?

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