What is the main disadvantage of discounted payback? Is the payback method of any real usefulness in
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What is the main disadvantage of discounted payback? Is the payback method of any real usefulness in capital budgeting decisions?
Capital BudgetingCapital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...
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Regular payback has two critical deficiencies 1 It ignores ...View the full answer
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Related Book For 
Financial management theory and practice
ISBN: 978-0324422696
12th Edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
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