Why might it be rational for a small firm that does not have access to the capital

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Why might it be rational for a small firm that does not have access to the capital markets to use the payback method rather than the NPV method?

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Fundamentals Of Financial Management Concise Edition

ISBN: 9781285065137

8th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Jul 15, 2024 10:09 AM

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Why might it be rational for a small firm that does not have access to the capital markets to use the payback method rather than the NPV method?
Why might it be rational for a small firm that does not have access to the capital markets to use the payback method rather than the NPV method?
Why might it be rational for a small firm that does not have access to the capital markets to use the payback method rather than the NPV method?
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Why might it be rational for a small firm that does not have access to the capital

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Fundamentals Of Financial Management Concise Edition

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