What is the project payback

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Reference no: EM132818074

Assume a project has the following expected cash flows:

Year Expected Net Cash Flow

1 100,000

2 150,000

3 175,000

0 ($487,500)

4 250,000

What is the project's payback (payback period)? (Show all calculations for full credit.)

Reference no: EM132818074

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