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You have the following information on a project's cash flows. Year Cash flows 0 -$120,000 1 24.000 31,000 2 3 37,000 4 62.000 5 55,000

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You have the following information on a project's cash flows. Year Cash flows 0 -$120,000 1 24.000 31,000 2 3 37,000 4 62.000 5 55,000 The project's payback is years. Round it to two decimal places. Your

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