Question: The following is generally true when using the payback model: Select one: a. When faced with two projects giving the same total cash flows, the

The following is generally true when using the payback model: Select one: a. When faced with two projects giving the same total cash flows, the one with the shorter payback is preferable b. Payback gives a better indication of return than IRR c. Cash inflows are always measured in equal annual amounts d. The longer the payback period, the less risk involved

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