Question
The length of time required to recover the initial investment in a capital asset is known as the: a. the rate of return b. payback
The length of time required to recover the initial investment in a capital asset is known as the:
a. the rate of return
b. payback method
c. internal rate of return
d. unadjusted rate of return
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
