The following are disadvantages of using the payback rule except the rule A: ignores all cash flow after the cut-off date. B: does not use the time value of money. C: is easy to calculate and use. D: does not have the value additivity property.
The following are disadvantages of using the payback rule except the rule A: ignores all cash flow after the cut-off date. B: does not use the time value of money. C: is easy to calculate and use. D: does not have the value additivity property.
1