Q22

22. Which of the following is NOT a limitation of the payback rule? OA. Lacks a decision criterion that is economically based O B. It does not consider the time value of money O C. O D. It is difficult to calculate It does not consider cash flows occurring after the payback period ID: 8.3-5 23. Summit Systems has an equity cost of capital of 11.5%, wa pay adindend of $1.75 an one year and its desea had ad in the naner that Summt Systems has revised its growth prospects