Question: Select all that are true with respect to the payback period for making capital investment decisions. Group of answer choices The payback period is the

Select all that are true with respect to the payback period for making capital investment decisions.

Group of answer choices

The payback period is the amount of time it takes for a project to generate breakeven income

The payback period is the amount of time it takes for a project's cumulative cash flows to become zero

The payback period ignores all cash flows beyond a specified required payback period

The payback period ignores a project's initial investment

The payback period ignores the time value of money

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