Use the Discounted Payback Decision Rule to Evaluate This Project;

question 119

Multiple Choice

Use the discounted payback decision rule to evaluate this project; should it be accepted or rejected?

• A) 1.23 years, accept
• B) 2.45 years, accept
• C) 2.77 years, accept
• D) 5.36 years, reject

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Definitions:

Contract Executed

An agreement that has been fully performed by all parties involved.

Fraud

Intentional misleading to achieve unjust advantage or illegal benefit, or to cheat someone out of a lawful entitlement.

Executory Contract

A contract under which both parties to the agreement have outstanding obligations or performance yet to be completed.

Novated

The process of replacing an original contract with a new one, transferring rights and obligations to another party.