Why is the payback method inferior to the discounted cash flow methods? When is the payback method

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Why is the payback method inferior to the discounted cash flow methods? When is the payback method helpful?        Appendix

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Accounting Concepts And Applications

ISBN: 9780324376159

10th Edition

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice, Monte R. Swain

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