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Hello Sir,
If a company has a target of 2.5 years payback period but a proposed or new investment or project is promising, say 3.5 or 3.17 years payback period.
Would it be advisable for the company to accept or undertake the project?
Thank you.
Any project taking longer than the target period being rejected.
It’s actually looking for when the initial cost be paid back?
So if the target is 2.5 you want it then to breakeven or before this time
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