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Q3 QUESTION 3 Which of the following statements about the Payback method is true: O The payback period is quick, easy to calculate and has
Q3
QUESTION 3 Which of the following statements about the Payback method is true: O The payback period is quick, easy to calculate and has an intuitive appeal. This discounted payback period can be used to account for TVM. A disadvantage with the payback period is that it ignores cashflows beyond the payback point. All of the above are trueStep by Step Solution
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