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What is the payback period for the following set of cash flows? Year Cash Flow $7.800 0 1 2.400 2 2,600 3 2.600 4 2,200

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What is the payback period for the following set of cash flows? Year Cash Flow $7.800 0 1 2.400 2 2,600 3 2.600 4 2,200 Multiple Choice 3.39 years 3.04 years 3.11 years 3.09 years

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