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Which of the following is an advantage of the payback method? The payback method incorporates the time value of money in the calculation. The technique
Which of the following is an advantage of the payback method?
The payback method incorporates the time value of money in the calculation.
The technique is simple for managers to compute and interpret, and it is a good measure of liquidity risk.
The technique is simple for managers to compute and interpret.
It is a good measure of liquidity risk.
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Introduction To Corporate Finance
Authors: William L. Megginson, M.D. Lucey Brian C., Scott J. Smart, Scott B. Smart, Bill Megginson
1st Edition
184480562X, 9781844805624
