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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 7,100 1 2,600 2 2,300 3 1,200 4

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

Year Cash Flow
0 $ 7,100
1 2,600
2 2,300
3 1,200
4 1,900

3.70 years

3.48 years

3.55 years

3.83 years

3.53 years

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