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Of the following capital budgeting decision criteria, which does has several flaws and is considered 'unsophisticated'? A. Net present value. B. Internal rate of return.

Of the following capital budgeting decision criteria, which does has several flaws and is considered 'unsophisticated'?

	A.	Net present value.
	B.	Internal rate of return.
	C.	Payback Period.
	D.	All of these techniques are considered 'sophisticated.'

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