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What is the payback period for the following set of cash flows? Year Cash Flow 0 $6,400 1 1,600 2 1,900 3 2,300 4 1,400

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

Year Cash Flow
0 $6,400
1 1,600
2 1,900
3 2,300
4 1,400

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