Which of the following is NOT true about payback period?

• A. Shorter payback periods are preferred over longer payback periods, all else equal.
• B. If the payback period is less than the required payback period, then the project is accepted.
• C. Payback period measures how quickly the project will return its original investment.
• D. Payback period ignores the time value of money.
• E. All of the above is true.