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One reason payback may be employed to analyze independent capital projects is because: It considers the time value of money. It is easy and quick

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One reason payback may be employed to analyze independent capital projects is because: It considers the time value of money. It is easy and quick to calculate. It produces better decisions than those made using either NPV or IRR. All relevant cash flows are included in the analysis. It is the most desirable of all the available analytical methods from a financial perspective

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