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Which of the statements below is TRUE of the payback period method? Select one: a. It focuses on cash flows after the initial outflow has

Which of the statements below is TRUE of the payback period method?

Select one: a. It focuses on cash flows after the initial outflow has been recovered. b. It incorporates time-value-of-money principles. c. It is biased against projects with early-term payouts. d. It ignores the cash flow after the initial outflow has been recovered.

--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir

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