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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 4,900 1 2,200 2 2,600 3 1,400 4

What is the payback period for the following set of cash flows?

Year Cash Flow
0 $ 4,900
1 2,200
2 2,600
3 1,400
4 2,300

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