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An investment is acceptable if the payback period: Multiple Choice is less than some pre-specified period of time. exceeds the life of the investment. is

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An investment is acceptable if the payback period: Multiple Choice is less than some pre-specified period of time. exceeds the life of the investment. is negative. is equal to or greater than some pre-specified period of time. is equal to, and only if it is equal to, the investment's life

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