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Which of the following statements are correct? A weakness of both payback and discounted payback is that neither account for cash flows received after the

Which of the following statements are correct?

A weakness of both payback and discounted payback is that neither account for cash flows received after the payback.

discounted payback uses a more aggressive reinvestment rate assumption than payback.

Neither payback nor discounted payback uses time value of money concepts.

none of the statements are correct.

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