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Which of the following disadvantages of the payback period is addressed by using the discounted payback period method? A- Consideration of cash flows past the
Which of the following disadvantages of the payback period is addressed by using the discounted payback period method?
A- Consideration of cash flows past the payback period
B- Arbitrary cutoff point
C- Accounting for time value of money
D- Bias against long-term projects such as research and development
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