Multiple Choice
Which one of the following statements related to payback and discounted payback is correct?
A) Payback is a better method of analysis than is discounted payback.
B) Discounted payback is used more frequently in business than is payback.
C) Discounted payback does not require a cutoff point like the payback method does.
D) Discounted payback is biased towards long-term projects while payback is biased towards short-term projects.
E) Payback is used more frequently even though discounted payback is a better method.
Correct Answer:

Verified
Correct Answer:
Verified
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