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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.

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