What is a projects payback period? Discuss the advantages and disadvantages of the payback period method. If

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What is a project’s payback period? Discuss the advantages and disadvantages of the payback period method. If a project has a payback period less than the lifetime of the project, can we know for sure whether the NPV will be positive or negative?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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