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Which of the following represents a potential drawback of using the payback period calculation for capital budgeting decisions? a) a project is accepted if its
Which of the following represents a potential drawback of using the payback period calculation for capital budgeting decisions? a) a project is accepted if its payback period is below some pre-specified threshold b) the rule does not consider cash flows after the payback period c) the technique can serve as a risk indicator d) all of the above
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