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Which of the following statements about payback (payback period) is correct? (Choose one) All of the statements are correct Payback is a measure of time

Which of the following statements about payback (payback period) is correct? (Choose one)

All of the statements are correct
Payback is a measure of time breakeven.
Payback is a rough measure of liquidity.
Payback is a rough measure of risk.

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