Question
Based on the discounted payback rule, an investment is acceptable if its discounted payback is less than some prespecified number of years.
True false question.
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True false question.
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False
Answers
GPT-4o mini
True.
The discounted payback rule states that an investment is considered acceptable if its discounted payback period is less than a specified number of years, which reflects how long it takes for the investment to recover its initial cost in present value terms.
The discounted payback rule states that an investment is considered acceptable if its discounted payback period is less than a specified number of years, which reflects how long it takes for the investment to recover its initial cost in present value terms.