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Can you tell which of the following statements are true about the payback rule? I.The payback rule may reject positive NPV investments. II.The payback rule

Can you tell which of the following statements aretrueabout the payback rule?

I.The payback rule may reject positive NPV investments.

II.The payback rule ignores cash flows beyond the cutoff timeframe.

III. The payback rule cannot tell you how much profits would be added by the project.

A. I

B. I and II

C. I and III

D. I, II and III

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