Question: When accepting or rejecting projects with payback period only, a company A) will maximize the time value of money. B) will earn the highest rate

When accepting or rejecting projects with payback period only, a company

A) will maximize the time value of money.

B) will earn the highest rate of return.

C) will always make the best choice among projects.

D) may overlook the expected profitability of the project.

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