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What is the payback period for the following set of cash flows?Year Cash Flow 0 ?$ 7,000 1 2,200 2 1,400 3 1,200 4 3,0004.03

What is the payback period for the following set of cash flows?Year Cash Flow 0 ?$ 7,000 1 2,200 2 1,400 3 1,200 4 3,0004.03 years3.73 years3.68 years3.92 years3.75 years 2 answers

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