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Which of the following is NOT a limitation of the payback rule? A . Lacks a decision criterion that is economically based. B . It
Which of the following is NOT a limitation of the payback rule?
A
Lacks a decision criterion that is economically based.
B
It is difficult to calculate.
C
It does not consider the time value of money.
D
It does not consider cash flows occurring after the payback period
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