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Question 26 (3.33 points) Payback period is preferred to ROI methods (e.g. NPV/IRR) for purposes of capital budget decision making as payback accounts for the

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Question 26 (3.33 points) Payback period is preferred to ROI methods (e.g. NPV/IRR) for purposes of capital budget decision making as payback accounts for the time value of money whereas ROI methods do not. True False

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