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You are planning to open a restaurant in Brickell. Following the initial investment of $900,440, the expected cash flows over the next 5 years are

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You are planning to open a restaurant in Brickell. Following the initial investment of $900,440, the expected cash flows over the next 5 years are as follows. What is the payback period of this project? t Cash Flows 1 $313,990 2 $304,725 3 $196,402 4 $330,858 "Round your answer to the nearest two decimals

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