Investments with longer payback periods are more desirable, all else being equal. - False
The payback period is the amount of time it takes for a project to generate enough cash flows to cover its initial investment. In general, investments with shorter payback periods are considered to be more desirable because they allow the investor to recoup their initial investment and start earning a return on their investment more quickly.
For example, an investment with a payback period of one year is considered to be more desirable than an investment with a payback period of five years, assuming that the investments have the same expected rate of return. There are many other factors affecting the desirability of an investment, like the risk level and the potential for future returns, so the payback period is just one consideration when evaluating an investment opportunity.
Read more about the payback period on:
https://brainly.com/question/29389075
#SPJ4