What is the chief disadvantage of this method

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Question: As a consultant to Mr. Entrepreneur, you are asked to rank the investment proposals proposed by Mr. Financer using Payback Period method. Which proposal should be selected? (Assume cut-off period is 3 years) What is the chief disadvantage of this method? Why would anyone want to use this method? (Please show your calculation, round your answer to two decimal points)

Reference no: EM133344216

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