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15. The following are disadvantages of using the payback rule except the rule A) ignores all cash flow after the cut-off date. B) does not
15. The following are disadvantages of using the payback rule except the rule
A) ignores all cash flow after the cut-off date.
B) does not use the time value of money.
C) is easy to calculate and use.
D) does not have the value additivity property.
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