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Discuss the principal limitations of the cash payback method for evaluating capital investment proposals. Why would the average rate of return differ from the internal
Discuss the principal limitations of the cash payback method for evaluating capital investment proposals. Why would the average rate of return differ from the internal rate of return on the same project? Your boss has suggested that a one-year payback period is the same as a 100% average rate of return. Do you agree? Explain
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