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What is the payback period for the following set of cash flows? Year 0 1 2 3 4 Cash Flow -$ 7,400 1,200 2,900 1,700

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What is the payback period for the following set of cash flows? Year 0 1 2 3 4 Cash Flow -$ 7,400 1,200 2,900 1,700 2,700 Multiple Choice 3.61 years 3.77 years O 3.89 years O 3.59 years O 3.54 years

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