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A project has a required payback period of four years. Which one of the following statements is correct concerning the payback analysis of this project?
A project has a required payback period of four years. Which one of the following statements is correct concerning the payback analysis
of this project?
Multiple Choice
The cash flows in each of the four years must exceed onefourth of the project's initial cost if the project is to be
accepted.
The cash flow in Year is ignored.
The project's cash flow in Year is discounted by a factor of
The cash flow in Year is valued just as highly as the cash flow in Year
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