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A firm is considering a 4-year project shown below: 0 1 2 3 4 YEAR...

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A firm is considering a 4-year project shown below: 0 1 2 3 4 YEAR CASH FLOW -$1,000 $500 $500 $500 $500 What is the payback for this project? 3.00 years 2.50 years 3.50 years 2.00 years

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