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Which of the following is true of the cash payback period? Othe longer the payback, the longer the estimated life of the asset All of

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Which of the following is true of the cash payback period? Othe longer the payback, the longer the estimated life of the asset All of the answers are correct Othe longer the payback, the sooner the cash spent on the investment is recovered the shorter the payback, the less likely the possibility of obsolescence

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