Question: equation is: The a project's payback, the better the project is . However, payback has 3 main disadvantages: ( 1 ) All dollars received in

equation is:
The
a project's payback, the better the project is. However, payback has 3 main disadvantages: (1) All dollars received in different years are given
| weight. (2) Cash flows beyond the payback year are
ignored. (3) The payback merely indicates when a project's investment will be recovered. There is no necessary relationship between a given payback and investor wealth maximization.
the payback yea
In addition, there is no specific payback rule to justify project acceptance. Both methods provide information about
and risk.
9%.
Pro
Pro
What is Project A's payback? Do not round intermediate calculations. Round your answer to four decimal places.
years
What Is Project A's discounted payback? Do not round intermediate calculations. Round your answer to four decimal places.
years
What is Project B's payback? Do not round intermediate calculations. Round your answer to four decimal places.
years
What is Project B's discounted payback? Do not round intermediate calculations. Round your answer to four decimal places.
years
 equation is: The a project's payback, the better the project is.

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