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pompa pompa
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6 years ago
By measuring how quickly a firm recovers its initial investment, the payback period gives implicit consideration to the time value of money and ignores the timing of cash flows.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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donnabandonnaban
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6 years ago
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FALSE
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pompa Author
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6 years ago
Thanks
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Smart ... Thanks!
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Thank you, thank you, thank you!
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