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Which of the following is FALSE for the Discounted Payback Period? It ignores cash flows after the cutoff point It tells managers how long they

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Which of the following is FALSE for the Discounted Payback Period? It ignores cash flows after the cutoff point It tells managers how long they have to wait until the present value of the future cash flows is equal to the initial investment It takes into account the time value of money. It correctly evaluates the Net Income for a company across all time periods

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