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Which of the following is a disadvantage of the payback period approach? A. It does...

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Finance

image Which of the following is a disadvantage of the payback period approach? A. It does not use net profits as a measure of return. B. It does not examine the size of the initial outlay. C. It does not make an accurate adjustment for a project's risk. D. It does not take into account an unconventional cash flow pattern

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