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Which of the following statements about the payback period is true? The payback method represents the number of years it takes a project to recover

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Which of the following statements about the payback period is true? The payback method represents the number of years it takes a project to recover its initial investment plus a required rate of return None of the provided answers is correct The payback method is consistent with the goal of shareholder wealth maximization There is no economic rational that links the payback method to shareholder wealth maximization

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