By switching to monthly cash flows,we cannot get a more accurate estimate of the discounted payback period.

Question

Quizplus · Accepted Answer

Switching to monthly cash flows can provide a more accurate estimate of the discounted payback period compared to using annual cash flows. Monthly cash flows allow for a more precise calculation of the time period it takes for the initial investment to be fully recovered, as well as the inclusion of any interim cash flows.

By Switching to Monthly Cash Flows,we Cannot Get a More