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borteleto borteleto
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5 years ago
If project A generates $10 million of free cash flow over its five year useful life and project B generates $8 million of free cash flow over its five year useful life, then Project A will have a shorter payback period than Project B, assuming both projects require the same initial investment.
[True or False]
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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DeanaRayDeanaRay
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borteleto Author
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#2
5 years ago
Just confirmed the same answer from my friend, thanks
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