Which of the following statements is CORRECT? a One drawback of the discounted payback is that this method does not consider the time value of money, while the regular payback overcomes this drawback. b One drawback of the payback criterion is that this method does not take account of cash flows beyond the payback period. c The shorter a project's payback period, the less desirable the project is normally considered to be by this criterion.
d The regular payback ignores cash flows beyond the payback period, but the discounted payback method overcomes this problem.
e If a project's payback is positive, then the project should be accepted because it must have a positive NPV.