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Which of these are disadvantages of the payback method? I. May ignore some cash flows II. Required time period is set arbitrarily III. Easy to

Which of these are disadvantages of the payback method? I. May ignore some cash flows II. Required time period is set arbitrarily III. Easy to compute IV. Ignores the time value of money II, III, and IV only II and IV only I, II, and IV only IV only I and III only

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