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Question 5 2 pts Which of the following statements about the evaluation of an investment...

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Accounting

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Question 5 2 pts Which of the following statements about the evaluation of an investment having uneven cash flows using the payback method is correct? It requires the use of a sophisticated calculator or computer software. It CANNOT be done. It requires the averaging of the cash flow to come up with the payback period. O It can be done only by matching cash inflows and investment outflows on a year-by-year basis. O It will produce essentially the same results as those obtained through the use of discounted cash flow techniques

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