Dayco has the following cash flows for a project. Calculate the project's payback period. Year...

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Finance

Dayco has the following cash flows for a project. Calculate the project's payback period.

Year 0 (1.9 million)

Year 1 660,000

Year 2 560,000

Year 3 460,000

Year 4 360,000

Year 5 260,000

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