Question
The discounted payback period (DPP) is better than the ordinary payback (PP) period because A. The DPP takes into account time value of money. B.
The discounted payback period (DPP) is better than the ordinary payback (PP) period because
A. The DPP takes into account time value of money.
B. The DPP is easy to understand and use.
C. The DPP is biased towards liquidity.
D. The DPP does not reject positive NPV projects.
E. The DPP is not biased against long-term projects.
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Capital Budgeting
Authors: Pamela P. Peterson
1st Edition
0471218332, 9780471218333
