Question
The payback period differs from the net present value in that: we do not need to calculate estimated cash flows when using the payback period.
The payback period differs from the net present value in that:
we do not need to calculate estimated cash flows when using the payback period.
we do not need to calculate the required return for the payback period.
there is no decision rule for the payback period.
we do not need to know the initial investment for the payback period.
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International Finance
Authors: Keith Pilbeam
3rd Edition
1403948372, 978-1403948373
