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Criterion 2: Does Payback Consider the Timing of Cash Flows? Investments E and F Each requires $1,000,000 at the end of the year 2000 and

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Criterion 2: Does Payback Consider the Timing of Cash Flows? Investments E and F Each requires $1,000,000 at the end of the year 2000 and have a cost of capital of 5% per year

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