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  1. The payback method for the measurement of return on investment

  2. A.
    gives a correct picture of profitability.
    B.
    underemphasises liquidity.
    C.
    does not measure the discounted rate of return.
    D.
    takes into account the cash inflows after the recovery of investments.

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    Answer : Option C

    Explanation :

    No answer description available for this question.


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