The discounted payback rule may cause:

Question $19$Select one or more:

a$.$

projects with discounted payback periods in excess of the project$$s life to be accepted

b$.$

some projects with negative net present values to be accepted

c$.$

the most liquid projects to be rejected in favor of less liquid projects

d$.$

projects to be incorrectly accepted due to ignoring the time value of money

e$.$

some positive net present value projects to be rejected