The Length of Time Required for a Project's Discounted Cash

question 88

Multiple Choice

The length of time required for a project's discounted cash flows to equal the initial cost of the project is called the:

• A) net present value.
• B) internal rate of return.
• C) payback period.
• D) discounted profitability index.
• E) discounted payback period.

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Definitions:

Systematic Desensitization

is a behavioral therapy technique used to reduce anxiety through gradual exposure to the feared object or situation coupled with relaxation exercises.

Progressive Relaxation

A technique involving the tensing and relaxing of muscle groups in sequence to achieve physical and mental relaxation.

Feared Object

An object or situation that elicits a strong fearful or phobic reaction from an individual.

Token Economy

A behavior modification system that uses tokens as a form of reward for performing targeted behaviors, which can later be exchanged for specific rewards.