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8. Which of the following is NOT true about the payback period calculation? a. It does not incorporate the time value of money b. It

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8. Which of the following is NOT true about the payback period calculation? a. It does not incorporate the time value of money b. It does not incorporate risk c It ignores cash flows beyond the payback period d. It is generally considered a difficult calculation and used mainly by finance experts More than one of the above statements is not true e

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