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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 the maximum

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

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