Question
Which of the following is NOT considered as the disadvantage of payback period? a) Ignore the time value of money b) Ignore cash flow beyond
Which of the following is NOT considered as the disadvantage of payback period?
a) Ignore the time value of money
b) Ignore cash flow beyond the cut-off date
c) Biased against long-term projects, such as new projects and research development
d) Adjusts for uncertainty of later cash flows
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
