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QUESTION 18 The Payback Rule is not the best investment Decision Rule because? Qa. It ignores cash-flows after the payback period O b. It ignores

QUESTION 18 The Payback Rule is not the best investment Decision Rule because? Qa. It ignores cash-flows after the payback period O b. It ignores the time value of money Oc. The Payback Rule is more accurate than NPV. Qd. All the above answers (a-c) are correct. Oe. The number of years a firm chooses for payback rule is arbitrary.

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