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Problem 11 You have until 12:50 PM to complete this assignment. Intro The Payback Period is widely used as a metric for deciding on whether to take a project. However it has a number of significant problems. - Attempt 1/1 Part 1 What is one of the downsides of using the payback period? O It leaks motor oil, so you have to continually clean your driveway. It ignores potentially large cashflows which occur later in the projects life. o It requires applying a discount rate, which is difficult to estimate. O It only comes in unattractive shades of blue and off-white Save