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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 6,400 1 2,700 2 1,500 3 2,100 4

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

Year Cash Flow
0 $ 6,400
1 2,700
2 1,500
3 2,100
4 1,100

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