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You have the following information on a project's cash flows. Year Cash flows 0 -$117,000 1 24,000 2 31,000 3 36,000 4 65,000 5 55,000
You have the following information on a project's cash flows.
Year Cash flows
0 -$117,000
1 24,000
2 31,000
3 36,000
4 65,000
5 55,000
The project's payback is ____ years. Round it to two decimal places. Your Answer:
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