Question: The discounted payback method The discounted payback method discounts a project s initial cost. is simpler and more reliable than the payback period. is as

The discounted payback method
The discounted payback method
discounts a projects initial cost.
is simpler and more reliable than the payback period.
is as reliable as NPV because both methods use discounted cash flow.
uses an arbitrary cutoff period.
ignores a projects initial costs.

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