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The regular payback method has a number of disadvantages, some of which are listed below. Which of the following is NOT a disadvantage of the
The regular payback method has a number of disadvantages, some of which are listed below. Which of the following is NOT a disadvantage of the payback period?
a. Lack of an objective, market-determined benchmark for making decisions
b. Ignores cash flows beyond the payback period
c. Does not directly account for the time value of money
d. Provides information about when your investment will be recoverd
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