What are the problems associated with using the payback, Financial Management

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What are the problems associated with using the payback

What are the problems associated with using the payback period as a means of measuring cash flows? What are the advantages of using the payback period to evaluate cash flows and are there any circumstances under which using the payback might be appropriate?

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Financial Management: What are the problems associated with using the payback

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Financial Management: What are the problems associated with using the payback

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