Question: How is the discounted payback method an improvement over the payback method in evaluating investment projects? a. It involves better estimates of cash flows. b.

How is the discounted payback method an improvement over the payback method in evaluating investment projects?

a. It involves better estimates of cash flows.

b. It considers the overall profitability of the investment.

c. It considers the time value of money.

d. It considers the variability of the return.

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