The discounted payback method: A.is as reliable as NPV because both methods use discounted cash flow. B.ignores
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Question:
The discounted payback method:
A.is as reliable as NPV because both methods use discounted cash flow.
B.ignores a project's initial cost.
C.uses an arbitrary policy cut-off period.
D.is simpler but less reliable than the payback period method.
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