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Which of the following statements about the payback period is true? Multiple Choice The payback period considers cash flows after the payback has been reached.

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Which of the following statements about the "payback period" is true? Multiple Choice The payback period considers cash flows after the payback has been reached. O The payback period considers the time value of money. O The payback period uses discounted cash-flow techniques. The payback period fails to produce an objective decision to accept or reject an individual project

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