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    Principles of Corporate Finance
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    Exam 5: Net Present Value and Other Investment Criteria
  5. Question
    The Main Advantage of the Payback Rule Is
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The Main Advantage of the Payback Rule Is

Question 26

Question 26

Multiple Choice

The main advantage of the payback rule is:


A) adjusts for uncertainty of early cash flows.
B) simple to use.
C) does not discount cash flows.
D) better accounts for salvage costs at the end of a project.

Correct Answer:

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