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What is the payback period for the following set of cash flows? Year Cash Flow 0 $ 2,800 1 2,400 2 1,300 3 2,200 4

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

Year Cash Flow
0 $ 2,800
1 2,400
2 1,300
3 2,200
4 2,800

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