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    Principles of Managerial Finance
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    Exam 10: Capital Budgeting Techniques
  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 89

Question 89

True/False

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

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