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The discounted payback period of a project: a. Is shorter than payback period if discount rate is a positive number b. Is longer than payback

The discounted payback period of a project:

a. Is shorter than payback period if discount rate is a positive number

b. Is longer than payback period if discount rate is a positive number

c. Is easier to calculate than payback period

d. Favours long-term projects over short-run projects

e. Has all the weaknesses of payback period as a capital budgeting tool

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