Question: You are evaluating a project based on the project's payback and discounted payback period. You have determined that the payback period is 3 years. Which
You are evaluating a project based on the project's payback and discounted payback period. You have determined that the payback period is 3 years. Which statement is correct regarding the discounted payback period
A. Discounted payback period will be less than 3 years.
B. Not able to say with information on the cash flows of the project.
C. Discounted payback period will be more than 3 years.
D. Discounted payback period wil also be 3 years.
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