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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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