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Which of the following is a pitfall of the Payback Rule? Does not take into account time value of money. It ignores cash flows after

Which of the following is a pitfall of the Payback Rule?

Does not take into account time value of money.

It ignores cash flows after the payback period (cutoff).

It does indicate risk.

a and b only

All of the above are pitfalls of the Payback Rule.

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