Question
Which ONE of the following statements about the payback method is true? Question 6 options: The payback method is consistent with the goal of shareholder
Which ONE of the following statements about the payback method is true?
Question 6 options:
| The payback method is consistent with the goal of shareholder wealth maximization | |
| The payback method represents the number of years it takes a project to recover its initial investment plus a required rate of return. | |
| There is no economic rational that links the payback method to shareholder wealth maximization. | |
| None of these statements are true. |
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Handbook Of Consumer Finance Research
Authors: Jing Jian Xiao
2nd Edition
3319288857, 978-3319288857
