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An Investment Is Acceptable If the Payback Period

Question 3

Multiple Choice

An investment is acceptable if the payback period:


A) is less than some pre-specified period of time.
B) exceeds the life of the investment.
C) is negative.
D) is equal to or greater than some pre-specified period of time.
E) is equal to,and only if it is equal to,the investment's life.

Correct Answer:

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