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Which of the Following Is a Characteristic of the Payback

Question 2

Multiple Choice

Which of the following is a characteristic of the payback period?


A) It ignores cash flows that occur after the project is paid off.
B) It accounts for the time value of money.
C) It is always consistent with the acceptance rule of the NPV method.
D) It cannot be applied to the projects with inconsistent cash flows.

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