Multiple Choice
Which one of these statements related to discounted payback is correct?
A) Payback is a better method of analysis than discounted payback.
B) Discounted payback is used more frequently in business than payback.
C) Discounted payback does not require a cutoff point.
D) Discounted payback is biased towards short-term projects.
E) The discounted payback period increases as the discount rate decreases.
Correct Answer:
Verified
Correct Answer:
Verified
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