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A Comment on Payback: A Reply

Published online by Cambridge University Press:  19 October 2009

Extract

In my article, I have discussed the relationship between the internal rate of return, K, and Kp which denotes the reciprocal of the payoff period under several alternative assumptions.

Type
Communications
Copyright
Copyright © School of Business Administration, University of Washington 1971

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References

1 Levy, Haim, “A Note on the Payback Method,” Journal of Finanoial and Quantitative Analysis (December 1968).Google Scholar