The NPV rule is preferred to the discounted payback period as a project evaluation criterion...
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The NPV rule is preferred to the discounted payback period as a project evaluation criterion because the discounted payback period rule ignores 1 II. The initial cost The timing of cash flows prior to the discounted payback period Any cash flows beyond the discounted payback period O I and I only O and Ill only O lll only . Il and Ill only
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