9. The ________ measures the amount of time it takes a firm to recover its initial investment.
A) profitability index
B) internal rate of return
C) net present value
| Now, Payback Period refers to the period in which the | |||||||||
| project will generate the necessary cash to recoup | |||||||||
| the initial investment. | |||||||||
| Therefore, answer should be Payback Period. | |||||||||
| The Payback Period measures the amount of time it takes a firm to recover its initial investment. | |||||||||
| However, in the given options, "Payback Period" is not the option. | |||||||||
| But actual answer is Payback Period only. | |||||||||
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