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Which of the following statements isNOTa disadvantage of the discounted payback method? a. Ignores cash flows beyond the payback period. b. Does not directly account

Which of the following statements isNOTa disadvantage of the discounted payback method?

a. Ignores cash flows beyond the payback period.

b. Does not directly account for the time value of money.

c. Does not provide any indication regarding a project's long-term performance.

d. Does not take account of differences in size among projects.

e. Lacks an objective, market-determined benchmark for making decisions.

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