$25$

The bresk$-$even time $($BET$)$ method:

$60.$tase

Multiple Choice

Is a measure of the expected time until the present value of the net cash flows from an investment equals the initial investment.

Is the discount rate that yields an NPV of zero.

Is computed by dividing an investment's annual income by the average investment amount.

Is the discounted future net cash flows from an investment at the required rate of return, minus the initial investment.

Does not consider time value of money.