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ACC501 - Business Finance Graded Board Discussion GDB NO 2 Spring 2014 Due date is Friday, July 11, 2014
Discussion Question:
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Payback period is an important capital budgeting technique. We can define payback period as “length of time taken to recover initial investment of a project”. Despite of having many disadvantages, many multinational (Big) organizations use this technique for decision making purpose. You, as a student of business finance, are required to discuss the reasons for which the said organizations use this technique
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