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The ____ of an investment is the period of time for the ____ to equal the initial cash outlay.   a. profitability index; present value of the cash inflows   b. payback period; cumulative cash inflows   c. payback period; present value of the cash inflows   d. None of these are correct

The ____ of an investment is the period of time for the ____ to equal the initial cash outlay.   a. profitability index; present value of the cash inflows   b. payback period; cumulative cash inflows   c. payback period; present value of the cash inflows   d. None of these are correct

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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The ____ of an investment is the period of time for the ____ to equal the initial cash outlay.
  a.
profitability index; present value of the cash inflows
  b.
payback period; cumulative cash inflows
  c.
payback period; present value of the cash inflows
  d.
None of these are correct
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