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Help i just need the answer thanks :) Which of the following is not an advantage of the payback method of investment appraisal? 0 Risk

Help i just need the answer thanks :)

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Which of the following is not an advantage of the payback method of investment appraisal? 0 Risk is reduced if the pavhack period is shorter Q It quantifies the effect of the timing of cash ows through the investment 0 Focus on a short payback period enhances liquiditv 0 It is useful as an initial screening device

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