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Your company is considering a project with the following projected cash flows. Calculate the project's REGULAR payback period (in years). Year Cash Flow 0 -$1,150

Your company is considering a project with the following projected cash flows. Calculate the project's REGULAR payback period (in years).

Year Cash Flow
0 -$1,150
1 525
2 485
3 355
4 405

Enter your answer as a number with 2 decimal places of precision (i.e. 1.23)

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