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What is the payback period associated with the following flows? Time 0 1 2 3 4 Payments -3000 1500 1000 500 1000 a. 3 years

What is the payback period associated with the following flows?

Time	0	1	2	3	4
Payments	-3000	1500	1000	500	1000

a. 3 years b. 3.5 years c. 3.2 years d. 4 years

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