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The payback period method is a capital budgeting technique that calculates the time required for an investment to generate cash flows sufficient to recover its
The payback period method is a capital budgeting technique that calculates the time required for an investment to generate cash flows sufficient to recover its initial cost. It is a measure of risk, as shorter payback periods imply quicker recovery of the investment. Please the attached picture of the excel
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Quantitative Corporate Finance
Authors: John B. Guerard Jr. Anureet Saxena, Mustafa Gultekin
2nd Edition
3030435466, 978-3030435462
