Time value of money for calculating payback period

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Pick any capital budgeting method and suggest your own improvement (twist) on it. Your suggested point must not be mentioned in the book. For example, do not say that use time value of money for calculating payback period because that is discounted payback period already discussed in the book.

You must explain your improvement in detail as if you are teaching that new method to all of us.

Reference no: EM131099458

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