In capital budgeting computations, discounted cash flow methods:
A. automatically provide for recovery of initial investment.
B. can't be used unless cash flows are uniform from year to year.
C. assume that all cash flows occur at the beginning of a period.
D. responses a, b, and c are all correct.
Answer:A
In capital budgeting computations, discounted cash flow methods:
A. automatically provide for recovery of initial investment. B. can't be used unless cash flows are uniform from year to year. C. assume that all cash flows occur at the beginning of a period. D. responses a, b, and c are all correct.