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Which of the following is true about the payback method? o It measures the true profitability of an investment A project's payback period increases as

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Which of the following is true about the payback method? o It measures the true profitability of an investment A project's payback period increases as its cost of capital decreases It cannot be used for projects whose cash flows change from year to year The payback period is the amount of time it takes for a project's net cash inflows to recover the project's initial investment

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