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What is the payback period for the following set of cash flows? Year 0 Cash Flows $8,000 3,000 2,500 2,800 1000 2.69 years 3.09 years

What is the payback period for the following set of cash flows? Year 0 Cash Flows $8,000 3,000 2,500 2,800 1000 2.69 years 3.09 years 2.49 years 2.89 years

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