The pay-back period: a) Is the best criterion for valuing investment projects. b) Can be used as

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The pay-back period:
a) Is the best criterion for valuing investment projects.
b) Can be used as a complementary indicator to IRR.
c) Is meaningless when analyzing project finance deals.

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Project Finance in Theory and Practice

ISBN: 978-0123919465

2nd edition

Authors: Stefano Gatti

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Question Posted: Apr 05, 2016 05:21 AM

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The pay-back period: a) Is the best criterion for valuing investment projects. b) Can be used as

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Although payback is not an accurate criterion for evaluati...View the full answer

Project Finance in Theory and Practice

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