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What is the payback period for the following set of cash fows? Year 0 1 Cash Flow -$ 7,700 2,400 2,200 2 3 4 2,800

What is the payback period for the following set of cash fows? Year 0 1 Cash Flow -$ 7,700 2,400 2,200 2 3 4 2,800 1,900 Multiple Choice 3.18 years O 3.11 years O 2 3.46 years

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