Even though the payback method ignores time value of money, many firms continue to use it when
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The payback method is a good way to evaluate a projects downside risk A riskaverse mana...View the full answer
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Related Book For 
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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