The advantage(s) of the payback method of evaluating investment proposals is/are:
i. it recognises the time value of money.
ii. it is easy to calculate and understand.
iii. it recognises cash flows beyond the payback period.
Which of the above statements is/are true?
A) i and ii
B) ii and iii
C) ii
D) All of the given answers
Correct Answer:
Verified
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Q24: The payback period is defined as:
A) initial
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