Question: The payback method Multiple Choice ignores the time value of money. requires each firm to set a firmwide cash flow cutoff period. discounts all cash

The payback method

Multiple Choice

  • ignores the time value of money.
  • requires each firm to set a firmwide cash flow cutoff period.
  • discounts all cash flows properly.
  • considers all relevant cash flows.
  • superior to the net present value method.

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