Solved: Discuss the pros and cons of the payback period rule, Financial Management

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Discuss the pros and cons of the payback period rule

Discussion Post: Finance Module

Discuss the pros and cons of the payback period rule. Why might it be rational for a small firm to use the payback period rule rather than the NPV method? Explain with your reasoning.

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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Financial Management: Discuss the pros and cons of the payback period rule

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