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You are planning to open a restaurant in Brickell. Following the initial investment of $1,040,198, the expected cash flows over the next 4 years are

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You are planning to open a restaurant in Brickell. Following the initial investment of $1,040,198, the expected cash flows over the next 4 years are as follows. What is the payback period of this project? t Cash Flows 1$442,624 2$369,391 3$287,276 4$326,220 "Round your answer to the nearest two decimals

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