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Which one of the following is an advantage of the payback method of evaluating capital investment proposals? Multiple Choice o It allows managers to choose
Which one of the following is an advantage of the payback method of evaluating capital investment proposals? Multiple Choice o It allows managers to choose between competing projects with different useful lives. 0 It is linearly related to the net present value (NPV) of a proposed project It provides a rough) measure of project risk. 0 o It considers all possible future cash flows of the project O It applies conventional discounting procedures to anticipated future cash flows
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