Question
Which of the following is NOT a major weakness of payback period in capital budgeting? a. do not consider time value of money b. gives
Which of the following is NOT a major weakness of payback period in capital budgeting?
| a. | do not consider time value of money | |
| b. | gives explicit consideration to liquidity risk exposure | |
| c. | does not gives consider cashflows beyond the payback period | |
| d. | the predetermined acceptable payback period is arbitrary |
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Money Banking And Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
6th Edition
1260226786, 9781260226782
