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Which of the following statements is NOT true? The Payback Period method ignores the time value of money and the cash flows after the cutoff

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Which of the following statements is NOT true? The Payback Period method ignores the time value of money and the cash flows after the cutoff point. O The Discounted Payback Period method ignores the cash flows after the cutoff point. O If the cash flows of a project are not normal, then there may be more than one IRR. O The Profitability Index ignores the time value of money

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