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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 8,200 1 1,900 2 2,700 3 2,900 4

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

Year Cash Flow

0 $ 8,200

1 1,900

2 2,700

3 2,900

4 1,400

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