What is the intuition behind the payback rule? What are some of its drawbacks?

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Fundamentals Of Corporate Finance

ISBN: 9780133507676

3rd Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Oct 25, 2016 11:05 AM

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What is the intuition behind the payback rule? What are some of its drawbacks?

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The payback period is the amount of time it takes for a project t...View the full answer

Fundamentals Of Corporate Finance

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