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Which one of these correctly states the accept rule for the payback statistic? Multiple choice question. Accept any project that pays back within 3 years

Which one of these correctly states the accept rule for the payback statistic? Multiple choice question. Accept any project that pays back within 3 years or less Accept any project that pays back within its lifetime Accept any project that pays back more than its initial cost Accept any project that pays back within the maximum allowable period

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