What is the payback period of given project

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Question: A project has the following cash flows. What is the payback period?

Year CFs
0 -$184
1 $43
2 $56
3 $46
4 $273

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

Reference no: EM132058351

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