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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 3 , 7 0 0 1 1 ,

What is the payback period for the following set of cash flows?
Year Cash Flow
0$ 3,700
11,400
22,000
32,900
42,200
Options: 2.40 years, 2.21 years, 2.05 years, 2.12 years, 2.10 years

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