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Which of the following is correct? A . The longer a project's payback period, the more desirable the project is normally considered to be by

Which of the following is correct?
A. The longer a project's payback period, the more desirable the project is normally considered to be by this criterion.
B. When a project's NPV is negative, it means the present value of revenues are below the presen value of costs, and therefore its Profitability Index is below 1
C. All of the above are correct
D. None of the above is correct:

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