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The payback period rule is a convenient and useful tool because: A. it provides a quick estimate of how rapidly the initial investment will be
The payback period rule is a convenient and useful tool because:
A. it provides a quick estimate of how rapidly the initial investment will be recouped.
B. results of a short payback rule decision will be quickly seen.
C. it does not have to take into account time value of money.
D. all of these
E. none of these.
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