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13 (1 point) The Principal advantage of Payback period is the simplicity. Question 13 options: True False Question 14 (1 point) One of the situations

13 (1 point) The Principal advantage of Payback period is the simplicity. Question 13 options: True False Question 14 (1 point) One of the situations where the IRR rule and NPV rule may be in conflict: Question 14 options: Mechanically the easiest to compute Nonexistent IRR Theoretically, the worst evaluation method None of the above Question 15 (1 point) ____________ decision rule is best defined as the amount of time it takes to pay back the initial investment? Question 15 options: IRR PI NPV PBP Question 16 (1 point) __________________: Ignores the project's cost of capital and time value of money. Question 16 options: Net Present Value Rule Payback Rule Internal Rate of Return rule None of the above Question 17 (1 point) Payback period uses time value of money Question 17 options: True False

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