In which of the following situations, the payback period method is advised for evaluation of investment opportunities?
(A) Overleveraged businesses
(B) Cash rich businesses
(C) Uncertain market conditions
(D) Stable market conditions
Choose the most appropriate answer from the options given below:
1
(A) and (B) only
2
(A) and (C) only
3
(B) and (C) only
4
(C) and (D) only