Which of the Following Is a Limitation of the Payback

Multiple Choice

Which of the following is a limitation of the payback period?

A) This method includes an internal rate of return that is usually less than the required rate of return.
B) The cash flows after the payback period needed for the calculation are not easy to estimate.
C) This method ignores the time value of money.
D) The discount rate used in the calculation often changes.