Which of the following does not take the time value of


1. Which of the following does not take the time value of money into account? A. Payback period B. Net present value C. Internal rate of return D. Modified internal rate of return

2. Increasing inflation: A. reduces the present value of depreciation tax shields. B. increases the present value of depreciation tax shields. C. does not affect the present value of depreciation tax shields

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Financial Management: Which of the following does not take the time value of
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