Question
Give three reasons why payback period is not a good decision rule to use, and give two reasons why it is a good decision rule.
Give three reasons why payback period is not a good decision rule to use, and give two reasons why it is a good decision rule. Weighing pros and cons, do you think payback period should be used?
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The Oxford Handbook Of Quantitative Asset Management
Authors: Bernd Scherer, Kenneth Winston
1st Edition
0199553432, 978-0199553433
