• 2022-06-06
    The payback period rule
    A: varies the cut-off point with the interest rate.
    B: determines a cut-off point so that all projects accepted by the NPV rule will be accepted by the payback period rule.
    C: requires an arbitrary choice of a cut-off point.
    D: varies the cut-off point with the interest rate and requires an arbitrary choice of a cut-off point.