Refer to the Table Below,which Shows the Results of Payback,net

question 57

Multiple Choice

Refer to the table below,which shows the results of payback,net present value,and internal rate of return analysis of four projects.Which is preferred by the payback criterion?
$$\begin{array} { | l | c | c | c | c | } \hline { } & \text { A } & \text { B } & \text { C } & \text { D } \\\hline \text { Payback } & 3 & 5 & 8 & 5 \\\hline \text { NPV } & \$ 67.95 & \$ 200.96 & \$ 256.78 & \$ 669.85 \\\hline \text { IRR } & 12.59 \% & 11.81 \% & 10.93 \% & 11.81 \% \\\hline\end{array}$$

• A)Project A
• B)Project B
• C)Project C
• D)Project D

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Definitions:

Cannon-Bard Theory

A theory of emotion that argues emotions and physiological responses occur simultaneously and independently.

Cannon-Bard Theory

The Cannon-Bard theory of emotion asserts that we experience physiological arousal and emotional feelings simultaneously, not sequentially, in response to a stimulus.

Two-Factor Theory

A psychological theory proposing that emotional experience results from a combination of physiological arousal and a cognitive label for that arousal.

Cognitive Appraisal

The process of interpreting and evaluating an event or situation which significantly influences one's emotional and psychological response.