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What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) YearCash Flow0-$5,80011,50021,70032,10041,600

What is the payback period for the following set of cash flows?(Round your answer to 2 decimal places, e.g., 32.16.)

YearCash Flow0-$5,80011,50021,70032,10041,600

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