Which of the following statements about payback periods is false? Group of answer choices It measures the amount of time needed for a project to recover its initial investment. It ignores post-payback cash-flows. It ignores the timing/time-value of the cash-flows. Any project with a payback period less than two years will increase shareholder wealth. It is rather easy to calculate.

Which of the following statements about payback periods is false? It measures the amount of time needed for a project to recover its initial investment. It ignores post-payback cash-flows. It ignores the timing/time-value of the cash-flows. Any project with a payback period less than two years will increase shareholder wealth. It is rather easy to calculate