Is the Payback method a DCF technique? Answer yes, no or possibly, and provide one reason for your answer. No It is usually not as accurate as DCF methods Yes It is considered a DCF method for startup companies, which often have high bankruptcy risk It considers PV and future-time cash flows It does not consider time value of money compounding effects. Possibly It yields directionally the same answer as the NPV method It does not consider the tax shield effect