Consider the cash flow of the two projects depicted in Table 3. If WiseGuy Inc. uses IRR rule to choose projects, which of the projects (Project A or Project B) will rank highest? --- Project A. Project B. Project A and Project B have the same ranking. Cannot calculate a payback period without a discount rate. "

TABLE 3

Project A

Project B

Time 0

-10,000

-3,000

Time 1

10,000

2,000

Time 2

0

10,000

Time 3

0

10,000