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What is the payback period for the following set of cash flows? Year CF 0 -6,000 1 1,000 2 3,500 3 600 4 3,550 Group

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

Year CF

0 -6,000

1 1,000

2 3,500

3 600

4 3,550

Group of answer choices

A) 3.25 years

B) 4.0 years

C) 2.87 years

D) 3.53 years

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