Question: Compared to the cash payback method, net present value and internal rate of return represent: Group of answer choices more arbitrary measures, in that they

Compared to the cash payback method, net present value and internal rate of return represent:
Group of answer choices
more arbitrary measures, in that they are a mathematical calculation.
less arbitrary measures, in that management must decide an acceptable payback period.
equally arbitrary measures.
irrelevant measures, in that the only thing that matters is how fast you get your money back.

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