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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 4,100 1 1,900 2 2,600 3 1,500 4

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

Year Cash Flow

0 $ 4,100

1 1,900

2 2,600

3 1,500

4 1,100

Multiple Choice :

1.80 years

1.94 years

1.85 years

2.15 years

1.87 years

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