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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 3,800 1 1,300 2 1,200 3 2,500 4

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

Year Cash Flow
0 $ 3,800
1 1,300
2 1,200
3 2,500
4 1,600

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