The payback period method has been criticised for not taking the time value of money into account.
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The payback period method has been criticised for not taking the time value of money into account.
Could this limitation be overcome? If so, would this method then be preferable to the NPV method?
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Related Book For 
Management Accounting For Decision Makers
ISBN: 9781292349459
10th Edition
Authors: Peter Atrill, Eddie McLaney
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