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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 2,300 1 1,700 2 2,300 3 1,400 4

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

Year Cash Flow
0 $ 2,300
1 1,700
2 2,300
3 1,400
4 1,200

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