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Question 4 10 pts What is a key reason that Payback is often used as the main technique for analyzing a small project? All relevant
Question 4 10 pts What is a key reason that Payback is often used as the main technique for analyzing a small project? All relevant cash flows are included in the payback analysis whether they are before or after the cutoff period. Payback has the least significant disadvantages of the various Decision Rules. Payback is strongest in its emphasis on the long term nature of the project. OOOO Payback is sophisticated and considers TVM. The Payback decision rule usually results in information that has benefits greater than its associated cost
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