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Discounted Pay Back Period (DPBP) :
The discounted payback period is the number of periods taken in recovering the investment outlay on the present value basis. Discounted payback period will always be higher than simple payback period for a project because its calculation is based on the discounted cash flows. It not similar from the simple pay period in that it takes into account the time value of money.
Interest Rates The payment borrowers make for the use of the funds that they borrow and the payment that lenders demand for the use of the funds they lend (termed interest ) w
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