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Which of the following statements most accurately compares the NPV and payback period methods? Select one: The payback period and NPV will always yield identical

Which of the following statements most accurately compares the NPV and payback period methods?

Select one:

The payback period and NPV will always yield identical project rankings

Compared to the payback period, NPV is a better measure of project liquidity

The payback period may lead to the acceptance of a project with a negative NPV

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