QUESTION 7 If there is an advantage to the payback criterion, it would be it is simple; easy to calculate it does not indicate risk Oit does not consider the initial investment amount it does not consider time value of money QUESTION 8 The discounted payback method makes up for what drawback of the payback method? its unreasonable reinvestment rate assumption its lack of taking into account capital providers' required returns its absolute measure nature its lack of an objective decision criterion QUESTION 9 The marginal project for a capital budgeting decision O is one the firm invests in just to utilize all funds raised O is the last one considered for investment O is not a favorable one; it has only a small or zero IRR O is one whose selection rules out other project(s)