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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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