Difference between payback and discounted payback period, Financial Accounting

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Difference between payback and discounted payback period

Response to the following questions:

1. What criteria must be satisfied for an investment evaluation technique to be ideal?

2. Distinguish between the payback period and the discounted payback period.

3. Can the payback period method of evaluating projects identify the ones that will maximize wealth? Explain.

If possible, please give examples to better understand your answers.

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Financial Accounting: Difference between payback and discounted payback period

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Financial Accounting: Difference between payback and discounted payback period

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