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    Foundations of Finance
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    Exam 10: Capital-Budgeting Techniques and Practice
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    Advantages of the Payback Period Include That It Is Easy
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Advantages of the Payback Period Include That It Is Easy

Question 63

Question 63

True/False

Advantages of the payback period include that it is easy to calculate,easy to understand,and that it is based on cash flows rather than on accounting profits.

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