Question
The payback period is: the time required for cash inflow from an investment to equal the original cash outlay. the time required for cash inflows
The payback period is:
the time required for cash inflow from an investment to equal the original cash outlay.
the time required for cash inflows from an investment to equal the total value of the investment.
the time required for cash inflows from an investment to equal the net present value of the investment.
none of the above.
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Financial Markets and Institutions
Authors: Jeff Madura
12th edition
9781337515535, 1337099740, 1337515531, 978-1337099745
