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you are considering a project with an initial cost of $6,400. What is the payback period for this project if the cash inflows are $900,

you are considering a project with an initial cost of $6,400. What is the payback period for this project if the cash inflows are $900, $1,350, $2,800,$1,350, and $500 a year over the next five years, respectively?

a. 2 years

b 3 years

c 4 years

d 4.5 years

e 5 years

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