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What is the payback period for a project with the following cash flows: Year 0 5000, Year 1 +3000, Year 2 +4000? A.) 2 years

What is the payback period for a project with the following cash flows: Year 0 5000, Year 1 +3000, Year 2 +4000?

A.) 2 years

b.) 1 year

c.) 4 years

d.) 3 years

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