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Which of the following represents a potential drawback of using the payback period calculation for capital budgeting decisions? A project is accepted if it's payback
Which of the following represents a potential drawback of using the payback period calculation for capital budgeting decisions? A project is accepted if it's payback period is below some pre-specified threshold. The rule does not consider cash flows after the payback period. The technique can serve as a risk indicator. All of the Above
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