“I don’t see any reason to do this net present value stuff. The payback method works well for me. It tells me how many years it takes to recoup the initial money I put in. As long as my payback period...

“I don’t see any reason to do this net present value stuff. The payback method works well for me. It tells me how many years it takes to recoup the initial money I put in. As long as my payback period is as good as anybody else’s in the industry, I am okay.” How would you respond to this argument?