Which of the Following Statements Is Correct

question 108

Multiple Choice

Which of the following statements is correct?

• A)A weakness of both payback and discounted payback is that neither accounts for cash flows received after the payback.
• B)Discounted payback uses a more aggressive reinvestment rate assumption than payback.
• C)Neither payback nor discounted payback uses time value of money concepts.
• D)None of these statements are correct.

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