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Using the payback period method, you will accept a project if: its payback period is the same as the specified payback requirement. it generates the

Using the payback period method, you will accept a project if:
its payback period is the same as the specified payback requirement. it generates the same cash flow every year.
its payback period is longer than the specified payback requirement. its payback period is shorter than the specified payback requirement. it never pays back over its life.
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