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Question 2 (2.75 points) What is a problem with Payback as a capital budgeting evaluation tool? A. It can only be calculated using a trial-and-error
Question 2 (2.75 points) What is a problem with Payback as a capital budgeting evaluation tool? A. It can only be calculated using a trial-and-error approach and thus, it can be almost impossible to calculate. B. It does not take into account the time value of money. C. It fails to take into account any cash flow amounts that occur after the payback point is reached. D. Both answers A and B are problems. E. Both answers B and C are problems
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