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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 3,000 1 2,500 2 1,400 3 1,400 4

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

Year Cash Flow

0 $ 3,000

1 2,500

2 1,400

3 1,400

4 2,000

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