1. The simplest and arguably the most commonly used method of investment appraisal is a technique known as payback.

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answerhappygod
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1. The simplest and arguably the most commonly used method of investment appraisal is a technique known as payback.

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1. The simplest and arguably the most commonly used method of investment appraisal is a technique known as payback. The following table represents the cash flows from two potential projects. Each project requires an initial investment of £100,000 and delivers a cash benefit over the following five years only.
Which project would you invest in and why?
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