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Question 37: (1 Point) Which of the following statements is incorrect? The payback method is based in favour of liquid investments The net present value

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Question 37: (1 Point) Which of the following statements is incorrect? The payback method is based in favour of liquid investments The net present value method does use time value of money concepts. O A disadvantage with the average accounting return is the exclusion of time value of money considerations, When comparing the payback and discounted payback from a financial point of view, the discounted payback method is preferred over the payback method. O For most projects, the average accounting return (AAR) should be less than the IRR

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