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Which of the statements below is TRUE of the payback period method? A)It ignores the cash flow after the initial outflow has been recovered. B)
Which of the statements below is TRUE of the payback period method?
A)It ignores the cash flow after the initial outflow has been recovered.
B)It is biased against projects with early-term payouts.
C)It incorporates time-value-of-money principles.
D)It focuses on cash flows after the initial outflow has been recovered.
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