The ABC is considering a $100,000 investment in either of two companies. The cash flows are as

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The ABC is considering a $100,000 investment in either of two companies. The cash flows are as
follows:

image text in transcribed
a. Using the payback method, what will the decision be?
b. Explain why the answer in part a can be misleading.
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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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