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What is the payback period (years) for the following set of cash flows? (Round your...

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Accounting

What is the payback period (years) for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.)

Year Cash Flow
0 $ 4,500
1 1,050
2 1,250
3 2,150
4 1,150

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