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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 5,500 1 1,200 2 2,300 3 1,100 4

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

Year Cash Flow

0 $ 5,500

1 1,200

2 2,300

3 1,100

4 1,200

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