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    Exam 4: The Decision-Making Process for Investment Appraisal
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    The Measures the Amount of Time It Takes the Firm
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The Measures the Amount of Time It Takes the Firm

Question 16

Question 16

Multiple Choice

The measures the amount of time it takes the firm to recover its initial investment.


A) internal rate of return
B) net present value
C) average rate of return
D) payback period

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