Multiple Choice
Which of the following statements is correct?
A) A weakness of both payback and discounted payback is that neither accounts for cash flows received after the payback.
B) Discounted payback uses a more aggressive reinvestment rate assumption than payback.
C) Neither payback nor discounted payback uses time value of money concepts.
D) None of these statements is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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