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What is capital budgeting

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Question 1 - Identify two disadvantages of using the payback period for comparing investments. Why is an investment more attractive to management if it has a shorter payback period? Provide an example and a reference.

Question 2 - What is capital budgeting? Identify why capital budgeting decisions by managers are risky.  Include an example and a reference.

Reference no: EM133134279

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