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Question 11 One weakness of the Payback Period criteria of capital budgeting is O that it relies on historical firm experience to evaluate future projects.

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Question 11 One weakness of the Payback Period criteria of capital budgeting is O that it relies on historical firm experience to evaluate future projects. that it accurately evaluates the present value of cashflows that occur before the critical payback. that it implicity uses an accurate cost of capital in its calculation. O It really does not have any weaknesses. 5 pts

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