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The payback method of capital budgeting has the following disadvantage(s): A. Fails to take the time value of money into account. B. Can only be
The payback method of capital budgeting has the following disadvantage(s): A. Fails to take the time value of money into account. B. Can only be used for assets with an expected useful life of five years or less. C. Fails to account for net cash inflows beyond the payback period. D. Both A and C above E. Both A and B above F. All of the above
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