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Current Attempt in Progress X Your answer is incorrect. One of the main reasons why the discounted payback period is not widely used by managers

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X Your answer is incorrect.
One of the main reasons why the discounted payback period is not widely used by managers is that:
it ignores the time value of money.
it ignores all cash flows that occur after the arbitrary cutoff period.
it cannot be applied to long-term projects.
none of the above.
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