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Which of the following statement about the Payback Method is/are correct? I.It fails to consider cash flows after the payback has been reached. II.It may

Which of the following statement about the Payback Method is/are correct?

I.It fails to consider cash flows after the payback has been reached.

II.It may not lead to the same decision as other investment selection methods

III.It does not use discounted cash-flow techniques.

Select one:

A. I and II

B. II and III

C. I and III

D. I, II and III

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