Question: Canadian Pacific is considering a project that has an initial cash outflow of $1,290, and expected cash inflows of $500 in years 1,2 , and

Canadian Pacific is considering a project that has an initial cash outflow of $1,290, and expected cash inflows of $500 in years 1,2 , and 3 . What is the project's payback? Your answer should be between 2.15 and 2.90 years, rounded to 2 decimal places, with no special characters

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