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The payback method: a) is generally used for only large projects b) adjusts for the risk level inherent in a project c) is biased towards
The payback method:
a) is generally used for only large projects
b) adjusts for the risk level inherent in a project
c) is biased towards short-term projects
d) entails difficult computations
e) always applies a ten year cut-off point for cash flows
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