Multiple Choice
The discounted payback rule can be best stated as:
A) An investment is acceptable if its discounted payback period is greater than some pre- specified number of years.
B) An investment should be accepted if the discounted payback is positive and rejected if it is negative.
C) An investment should be rejected if the discounted payback is positive and accepted if it is negative.
D) An investment is acceptable if its discounted payback period is less than some pre- specified number of years.
Correct Answer:

Verified
Correct Answer:
Verified
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