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You have the following information on a project's cash flows. Year Cash flows 0 -$108,000 1 33,000 2 33,000 3 38,000 4 92,000 5 55,000

You have the following information on a project's cash flows. Year Cash flows 0 -$108,000 1 33,000 2 33,000 3 38,000 4 92,000 5 55,000 The project's payback is ____ years. Round it to two decimal places. Your Answer:

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