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Which of the following statements is true? NPV, IRR, and Payback Period all incorporate the time value of money in their calculations NPV and IRR

Which of the following statements is true?

NPV, IRR, and Payback Period all incorporate the time value of money in their calculations

NPV and IRR take into account the time value of money, but time value of money is ignored when using Payback Period and Discounted Payback Period

NPV takes into account the time value of money, whereas IRR and Payback Period do not take this into account

NPV, IRR and Discounted Payback Period all incorporate the time value of money

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