The payback period for the following set of cash flows is _____ years. (Enter 0 when there is no payback period. Round your answer to 2 decimal places. (e.g., 32.16))

Year Cash Flow

0 −$6,400

1 1,600

2 1,900

3 2,300

4 1,400

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## This question was asked on Mar 01, 2011 and answered on Mar 02, 2011.

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