a. In words, what is the payback period? The payback period rule? b. Why do we say
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a. In words, what is the payback period? The payback period rule?
b. Why do we say that the payback period is, in a sense, an accounting break-even measure?
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The pay back period is the amount of time it takes to rec oup ...View the full answer
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Related Book For 
Essentials Of Corporate Finance
ISBN: 9781265414962
11th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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