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What is the payback period (in annual terms) of the following cashflow stream? Year 0: $-1,317 Year 4: $437 Year 8: $369 Year 12: $673

What is the payback period (in annual terms) of the following cashflow stream?

Year 0: $-1,317

Year 4: $437

Year 8: $369

Year 12: $673

Year 15: $-695

Year 19: $-669

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