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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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