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What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) Year Cash Flow 0

What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.)

Year Cash Flow
0 $ 5,900
1 1,400
2 1,600
3 2,000
4 1,500

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