What Is the Payback Period of a Project Whose NPV

question 65

Multiple Choice

What is the payback period of a project whose NPV is positive?

• A)Equal to the project lifetime
• B)Less than the project lifetime
• C)Greater than the project lifetime
• D)Not enough information to answer the question

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Definitions:

Output

The final product, result, or amount of something produced by a person, machine, business, or industry.

Pleasure

A feeling of happiness, enjoyment, or satisfaction derived from an experience or activity.

Pay

The compensation or salary paid to an employee for their work or services.

Open System

A system that transforms resource inputs from the environment into product outputs.