The payback period is the time a project will take to pay back the money spent on
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The payback period is the time a project will take to pay back the money spent on it. It is based on expected cash flows and provide a measure of liquidity. State the advantages and disadvantages of Payback period.
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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