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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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