Which of the following statements is not a disadvantage of the regular payback method?
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Which of the following statements is not a disadvantage of the regular payback method?
a. ignores cash flows beyond the payback period.
b. does not directly account for the time value of money.
c. does not provide any indication regarding a project's liquidity or risk.
d. does not take account of differences in size among projects.
e. lacks an objective, market-determined benchmark for making decisions.
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