Which term below is best described as "the length of time required to recover the cost of an investment"?

Name: Which term below is best described as "the length of time required to recover the cost of an investment"?
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Question

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The payback period is the length of time required for an investment to generate enough cash flows to recover its initial cost. A shorter payback period indicates a quicker return of investment and may be preferred by investors.

Which Term Below Is Best Described as "The Length of Time