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Which of the following are advantages of the payback method of project analysis? I. works well for research and development projects II . liquidity bias

Which of the following are advantages of the payback method of project analysis?
I. works well for research and development projects
II. liquidity bias
III. ease of use
IV. arbitrary cutoff point
Group of answer choices
II, III, and IV only
II and IV only
I and II only
I and III only
II and III only

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