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The payback period O O O measures the average profitability of the asset over its entire life. highlights risks of investments with longer cash recovery
The payback period O O O measures the average profitability of the asset over its entire life. highlights risks of investments with longer cash recovery periods. shows the excess or deficiency of the asset's present value of net cash inflows over its initial investment cost. has no additional steps needed for capital rationing decisions
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
