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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 6 , 9 0 0 1 1 ,

What is the payback period for the following set of cash flows?
Year Cash Flow
0$ 6,900
11,400
22,300
32,900
41,700
options:
3.48 years
3.34 years
3.13 years
3.20 years
3.18 years

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