Examlex
Which of the following statements is correct?
Project
An individual or collaborative enterprise planned and designed to achieve a specific goal.
WACC
By employing the Weighted Average Cost of Capital calculation, a company's cost of capital is assessed, with each type of capital weighted proportionately.
Payback
The period of time required to recover the cost of an investment.
NPV
Net Present Value: a capital budgeting technique that determines the profitability of a project or investment.
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