What are the limitations of the payback period method for making capital budgeting decisions (e.g., whether to
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What are the limitations of the payback period method for making capital budgeting decisions (e.g., whether to accept or reject a proposed investment)? Does the present value payback period overcome these limitations?
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The limitations of the payback period method for capital budgeting decisions are Ignores the time va...View the full answer
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