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a. ignores salvage value after the payback period. b. uses discounted cash flows to determine the asset's unique rate of return. c. highlights risky investments.

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a. ignores salvage value after the payback period. b. uses discounted cash flows to determine the asset's unique rate of return. c. highlights risky investments. d. In capital rationing decisions, the profitability index must be combuted to compare investments requiring different initial investments when the e. and incorporate the time value of money. f. focuses on time, not profitability. g. uses accrual accounting income. h. measures profitability but ignores the time value of money. i. finds the discount rate that brings the investment's NPV to zero

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