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Q. |
Which one of the following statements is correct? |
A. | The number of years required to recover the initial cash investment in a project, is called Pay Back period (PBP) |
B. | The discount rate that equates the present value of the expected Net Cash Flows (CFs) with the Initial Cash Outflow (ICO) is known as internal rate of return |
C. | The present value of the proposal's net cash flows, less the proposal's initial cash outflow is known as the Net Present Value (NPV) |
D. | All of these |
Answer» D. All of these |
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