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Understanding Payback Period in Finance by khushi singh is a document available to read on EtoBox.
What is Understanding Payback Period in Finance about?
The document discusses the payback period method for capital budgeting. It defines payback period as the time required to recover the initial cost of an investment. It then discusses how companies use payback period as an initial check before more rigorous analysis, and some mistakes people make when using only payback period like not accounting for time value of money.
- Author
- khushi singh
- Language
- EN