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5. Homework. Unanswered A limitation of the payback as a tool of capital budgeting is o it does not take the time value of money

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5. Homework. Unanswered A limitation of the payback as a tool of capital budgeting is o it does not take the time value of money into consideration. o B it is always more than 3 years. it has no limitations and is the best way to select an alternative. D all of the above are correct

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