Examlex
Excel provides a code generator called a(n) _________________________.
Payback
The length of time it takes for an investment to generate an amount of money equal to the cost of the investment, used as a basic measure of the investment's risk.
Discounted Payback
The period of time it takes for an investment’s cash flows, discounted at a particular rate, to cover its initial cost.
Discounted Payback Rule
A capital budgeting technique that determines the amount of time required for discounted cash flows from a project to repay the initial investment.
Pre-Specified Period
A defined time frame agreed upon or determined before the start of a certain process or event.
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