Question: Under what circumstances could payback and discounted payback be equal? And what are the drawbacks of these two methods? How are normal and non-normal cashflows

Under what circumstances could payback and discounted payback be equal? And what are the drawbacks of these two methods?

How are normal and non-normal cashflows different?

Which capital budgeting method has the least drawbacks making it superior to other capital budgeting methods?

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