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Which of the following statements about the investment criteria is FALSE? O Payback Period method tends to accept short-term oriented projects. O Payback Period method
Which of the following statements about the investment criteria is FALSE? O Payback Period method tends to accept short-term oriented projects. O Payback Period method ignores time value of money concept and it requires a subjective benchmark O IRR rules can be problematic in making investment decisions with mutually exclusive cases. o When a project's cash flows change sign more than once, then the project will have only one positive IRR
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