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    Corporate Financial Management
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    Exam 4: The Decision-Making Process for Investment Appraisal
  5. Question
    The Major Weakness of Payback Period in Evaluating Projects Is
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The Major Weakness of Payback Period in Evaluating Projects Is

Question 6

Question 6

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The major weakness of payback period in evaluating projects is that it cannot specify the appropriate payback period in light of the wealth maximisation goal.

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