a. In words, what is the payback period? The payback period rule? b. Why do we say

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a. In words, what is the payback period? The payback period rule?

b. Why do we say that the payback period is, in a sense, an accounting break-even measure?

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Essentials Of Corporate Finance

ISBN: 9781265414962

11th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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