The amount of time a company must operate to earn back the amount it spent on a project is called the:

Select one:

a. internal return period

b. payback period

c. profitability period

d. discounted cash period

e. valuation period

When considering project analysis methods, which one is defined as arriving the value of a project based on the present value of the expected cash flows?

Select one:

a. Constant dividend growth model

b. Discounted cash flow valuation

c. Average accounting return

d. Expected earnings model

e. Internal rate of return