The payback period is best defined as: A. initial investment + annual net cash inflow. B. annual net cash inflow + initial investment. C. initial investment + useful life of investment. D. Annual incremental net operating income + initial investment. E. None of the above:
The payback period is best defined as: A. initial investment + annual net cash inflow. B. annual net cash inflow + initial investment. C. initial investment + useful life of investment. D. Annual incremental net operating income + initial investment. E. None of the above:
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
Problem 1PS
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Transcribed Image Text:The payback period is best defined as: A. initial investment + annual
net cash inflow. B. annual net cash inflow + initial investment. C. initial
investment + useful life of investment. D. Annual incremental net
operating income + initial investment. E. None of the above:
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