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The payback measure is described as giving managers information about how long money will be:
ATracked
BTied up
CTaxed
DTraded
Answer & Solution
Correct answer: B. Tied up
1. The outlay is recovered over time.
2. Until then the money is committed.
3. It shows how long money is tied up.
_Source: OpenStax Principles of Finance 2e, Chapter 16, How Companies Think about Investing._
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