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Thorley Inc. is considering a project that has the following cash flow: $1,125 outflow today, $500 in year 1, $5,000 in year 2, $500 in

Thorley Inc. is considering a project that has the following cash flow: $1,125 outflow today, $500 in year 1, $5,000 in year 2, $500 in year 3 and $800 in year 4. what is the project's payback?

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