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Unlike the internal rate of return (IRR) method, the net present value (NPV) method Select one: O A. assumes cash flows are reinvested at the

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Unlike the internal rate of return (IRR) method, the net present value (NPV) method Select one: O A. assumes cash flows are reinvested at the project's internal rate of return. O B. is a discounted cash flow method. O C. assumes cash flows are reinvested at the firm's cost of capital. O D. accounts for the time value of money. Which of the following statement about the Payback Method is/are correct? I It fails to consider cash flows after the payback has been reached. II. It may not lead to the same decision as other investment selection methods III. It does not use discounted cash-flow techniques, Select one: I and II II and III @ I and III I. II and

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