Question
Which of the following is NOT correct regarding the payback rule? a. It does not consider the time value of money. b. Lacks a decision
- Which of the following is NOT correct regarding the payback rule?
a. It does not consider the time value of money.
b. Lacks a decision criterion that is economically based.
c. It is easy to calculate.
d. It does not consider cash flows occurring after the payback period.
e. It does compares with the cost of capital of the firm.
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
