Discounted payback period's primary advantage over traditional payback is that:
A. discounted payback considers cash flows that occur after the discounted payback period.
B. discounted payback is always shorter than the traditional payback period.
C. discounted payback considers the time value of money.
D. discounted payback ensures more payback by accepting projects with longer payback period.
E. discounted payback ensures faster recovery of investment by accepting projects with longer payback periods.
Answer: C
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