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What is the payback period for the following set of cash flows? Year 0 1...

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What is the payback period for the following set of cash flows? Year 0 1 2 Cash Flow -$ 1,400 1,200 2,200 1,400 3,000 3 4 Multiple Choice 1.04 years 1.15 years 1.11 years 1.39 years 1.09 years

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