The length of time required for an investment to generate cash flows sufficient to recover the initial cost of the investment is called the:
A) Net present value.
B) Internal rate of return.
C) Payback period.
D) Profitability index.
E) Discounted cash period.

Question

Quizplus · Accepted Answer

The payback period is the length of time required for an investment to generate cash flows sufficient to recover the initial cost of the investment.

The Length of Time Required for an Investment to Generate