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

question 60

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

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Definitions:

Parapsychology

A field of study concerned with investigating paranormal and psychic phenomena which fall outside recognized scientific explanations, such as telepathy, precognition, and clairvoyance.

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment.

Precognition

The purported psychic ability to see or know about events before they happen, which lacks empirical support in the scientific community.

Clairvoyance

A form of extrasensory perception where individuals claim to gain information about an object, person, location, or physical event through means other than the known human senses.