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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 6,100 1 3,000 2 2,300 3 1,100 4
What is the payback period for the following set of cash flows? |
Year | Cash Flow |
0 | $ 6,100 |
1 | 3,000 |
2 | 2,300 |
3 | 1,100 |
4 | 2,300 |
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