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18. Which of the following statements is true? O a. Payback period allows the decision maker to set the required rate of return O b.

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18. Which of the following statements is true? O a. Payback period allows the decision maker to set the required rate of return O b. Discounted Payback considers all the cash flows throughout a project's life c. Payback Period is a good measure of the liquidity risk of a project Od. Discounted Payback fails to consider the time value of money

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