Which of the following statements is CORRECT?

Select one:

a. Unlike the IRR method, the NPV method provides an estimate of the maximum cost of capital that a company can afford.

b. Both the IRR and NPV methods tell us when we recover our investment.

c. Unlike the discounted payback method, the regular payback method takes into account the cashflows beyond the payback year.

d. Unlike the discounted payback method, the regular payback method does not take into account the time value of money.

e. Other things equal, the discounted payback method takes a shorter time to breakeven than the regular payback method.