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What is the payback period for the following set of cash flows? Year Cash Flow -$ 3,400 0 1 2 3 4 2,600 2,800 2,300

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What is the payback period for the following set of cash flows? Year Cash Flow -$ 3,400 0 1 2 3 4 2,600 2,800 2,300 2,000 Multiple Choice 1.35 years O O 1.59 years 0 1.31 years O (0 1.24 years 1.29 years

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