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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 4,800 1 1,600 2 2,200 3 1,400 4

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

Year Cash Flow
0 $ 4,800
1 1,600
2 2,200
3 1,400
4 1,400

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