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You are evaluating a 4 - year project, and its cash flows are ( $ 4 2 , 0 0 0 ) , $ 2

You are evaluating a 4-year project, and its cash flows are ($42,000), $22,000, $22,000, $21,000, $24,000 for years 0 to 4, respectively. What is the project's payback period? Note the number in () means negative.

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