Question: The payback period is best defined as: Multiple Choice initial investment annual after-tax cash inflow. annual after-tax cash inflow initial investment. initial investment useful life

The payback period is best defined as:

Multiple Choice

  • initial investment annual after-tax cash inflow.

  • annual after-tax cash inflow initial investment.

  • initial investment useful life of investment.

  • (present value of the cash flows, exclusive of the initial investment) initial investment.

  • initial investment (present value of the cash flows, exclusive of the initial investment).

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