The advantage(s) of the payback method of evaluating investment proposals is/are:
i.It recognises the time value of money
ii.It is easy to calculate and understand.
iii.It recognises cash flows beyond the payback period.Which of the above statements is/are true?
A) i and ii
B) ii and iii
C) ii
D) All of the given Answers
Correct Answer:
Verified
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