Using payback analysis which ignores longterm cash flows is, Business Law and Ethics

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Using payback analysis which ignores longterm cash flows is

"Cash flow projections more than a few years out are not worth the paper they're written on.

Therefore, using payback analysis, which ignores longterm cash flows, is more reasonable than making wild guesses as one has to do in the NPV approach." Respond to this comment.

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Business Law and Ethics: Using payback analysis which ignores longterm cash flows is

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Business Law and Ethics: Using payback analysis which ignores longterm cash flows is

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