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

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What is the payback period for the following set of cash flows? Year Cash Flow -$ 2,200 O 1 2 3 4 1,800 1,800 2,700 1,000 Multiple Choice 1.24 years 1.52 years 1.28 years 1.17 years 1.22 years

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