Question
Part 1 Which are problems of the payback criterion? Check all that apply: It ignores the time value of money. It is difficult to calculate.
Part 1
Which are problems of the payback criterion?
Check all that apply:
It ignores the time value of money.
It is difficult to calculate.
It ignores cash flows after the cutoff date.
It doesn't fully reflect the risk of a project.
It doesn't show the value created by a project.
It uses an arbitrary cutoff value.
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
