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Question 3 4 pts A significant flaw in the payback method of capital budgeting is that it assumes future cash flows are reinvested at the
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A significant flaw in the payback method of capital budgeting is that
it assumes future cash flows are reinvested at the IRR.
it is calculated using arithmetic average instead of weighted movilis average.
it ignores cash flows following the payback period.
it only calculates present values prior to comparing them to investment amount.
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