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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 4,100 1 2,200 2 1,000 3 1,400 4

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

Year Cash Flow
0 $ 4,100
1 2,200
2 1,000
3 1,400
4 2,400

Multiple Choice

  • 2.64 years

  • 2.94 years

  • 2.66 years

  • 2.77 years

  • 2.59 years

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