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What is the payback period for the set of cash flows given below? Year Cash Flow 0 - $5,500 1 $1,300 2 $1,500 3 $1,900
What is the payback period for the set of cash flows given below?
| Year | Cash Flow |
| 0 | - $5,500 |
| 1 | $1,300 |
| 2 | $1,500 |
| 3 | $1,900 |
| 4 | $1,400 |
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