Which of the following would NOT require taking into account the time value of money?

Which of the following would NOT require taking into account the time value of money?
A . Deciding to make a long-term investment in a project on the basis of its payback period.
B . Selecting an investment project on the basis that it has a positive net present value (NPV).
C . Calculating the present value of a five-year annuity.
D . Taking a long-term investment decision on the basis of the project’s internal rate of return (IRR).

View Answer

Answer: C

Explanation:

Reference: https://www.acowtancy.com/textbook/acca-fm/d1-investment-appraisal-techniques/npv/notes