Multiple Choice
The decision rule for the payback method of investment appraisal is:
A) choose the project with the longest payback period.
B) choose the project with the shortest payback period.
C) choose the project where the payback period is longer than a hurdle period.
D) below a maximum period, accept the project with the shortest payback period.
Correct Answer:
Verified
Correct Answer:
Verified
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